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Consolidated Statements Of Changes In Stockholders' Equity - USD ($)
Total
Common Stock [Member]
Additional Paid in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Treasury Stock [Member]
Unearned-ESOP Shares [Member]
Restricted Stock [Member]
Beginning Balance at Dec. 31, 2020 $ 39,858,288     $ 41,973,211 $ (2,114,923)      
Net income 2,640,457     2,640,457        
Other comprehensive income, net of tax 506,522       506,522      
Proceeds from issuance of common stock, net of offering expenses 47,460,057 $ 48,984 $ 47,411,073          
ESOP loan payment and release of ESOP shares 265,937   70,004       $ 195,933  
Purchases of shares of common stock by the ESOP (3,918,680)           (3,918,680)  
Ending Balance at Dec. 31, 2021 86,812,581 48,984 47,481,077 44,613,668 (1,608,401)   (3,722,747)  
Net income 1,760,413     $ 1,760,413        
Other comprehensive income, net of tax (2,696,638)       (2,696,638)      
Restricted stock award   1,566 2,323,796         $ (2,325,362)
Amortization of unearned compensation associated with restricted stock 465,072             465,072
Stock based compensation 361,493   361,493          
Repurchase of stock for tax obligation on restricted shares (82,685) (56) (82,629)          
ESOP loan payment and release of ESOP shares $ 240,250   44,315       195,935  
Dividends 497,387     497,387        
Purchase of common stock $ 1,085,265         $ 1,085,265    
Ending Balance at Dec. 31, 2022 $ 85,277,834 $ 50,494 $ 50,128,052 $ 45,876,694 $ (4,305,039) $ (1,085,265) $ (3,526,812) $ (1,860,290)