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Investment Securities (Details Narrative)
12 Months Ended
Dec. 31, 2015
USD ($)
Integer
Dec. 31, 2014
USD ($)
Integer
Dec. 31, 2013
USD ($)
Schedule of Investments [Abstract]      
Securities with a carrying value pledged as collateral $ 74,772,674 $ 64,233,906  
Securities with a carrying value pledged as collateral, market value 75,959,402 65,166,684  
Securities overpledged 26,000,000    
Federal Home Loan Bank stock, at cost 1,869,200 1,560,000  
Proceeds from sale of securities available for sale 4,044,500 2,208,318 $ 442,600
Reported net realized gains 3,587 293,508 311,800
Proceeds from sale of securities held to maturity $ 516,746 $ 0 $ 0
Available-for-sale Securities, number of debt securities | Integer 37 54  
Debt securities, unrealized losses with aggregate depreciation on amortized cost basis, percentage 0.96% 1.27%