Consolidated Statements Of Cash Flows (unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities
Net income	$ 1,849,348	$ 3,042,904
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangible asset	(60,483)	(119,059)
(Recovery) provision for credit losses	(125,000)	100,000
Depreciation of premises and equipment	252,652	234,798
Amortization (accretion) of deferred loan (fees) costs, net	10,677	(41,279)
Amortization of premiums and accretion of discounts on securities, net	5,660	38,625
Deferred income tax (benefit) expense	(111,594)	76,209
Gain on sale of loans	(29,375)	(86,913)
Proceeds from sale of loans	1,875,125	4,640,081
Origination of loans held for sale	(1,845,750)	(3,760,668)
Increase in cash surrender value of bank owned life insurance	(376,200)	(312,745)
Employee stock ownership plan expense	126,873	136,615
Stock based compensation	466,386	466,386
Changes in:
Accrued interest receivable	436,532	(294,802)
Net changes in other assets	(520,698)	1,933,798
Net changes in other liabilities	(360,560)	202,678
Net cash provided by operating activities	1,593,593	6,256,628
Cash flows from investing activities
Purchases of securities held to maturity	(1,000,000)	(23,120,238)
Purchases of securities available for sale		(67,461,181)
Maturities, calls, and repayments of securities available for sale	13,018,996	2,653,200
Maturities, calls, and repayments of securities held to maturity	8,617,729	10,740,997
Net decrease (increase) in loans	13,026,596	(60,612,691)
Purchase of Bank Owned Life Insurance		(5,000,000)
Purchases of premises and equipment	(162,464)	(113,536)
Purchase of FHLB Stock	(4,602,900)	(2,204,600)
Redemption of FHLB stock	3,297,300	979,200
Net cash provided by (used in) investing activities	32,195,257	(144,138,849)
Cash flows from financing activities
Net (decrease) increase in deposits	(44,829,448)	13,876,424
Net (decrease) increase in short-term FHLB advances	(38,000,000)	43,220,000
Proceeds from long-term FHLB non-repo advances	75,500,000
Repayments of long-term FHLB non-repo advances	(12,547,593)	(12,952,073)
Repurchase of common stock	(2,243,296)	(4,302,178)
Net increase in advance payments from borrowers for taxes and insurance	503,915	575,493
Net cash (used in) provided by financing activities	(21,616,422)	40,417,666
Net increase (decrease) in cash and cash equivalents	12,172,428	(97,464,555)
Cash and cash equivalents at beginning of year	16,840,917	105,068,785
Cash and cash equivalents at end of year	29,013,345	7,604,230
Supplemental cash flow information
Income taxes paid	1,225,000	700,000
Interest paid	$ 9,606,174	$ 2,322,057