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Investment Securities - Summary of Amortized Cost and Estimated Fair Value of Securities (Details) - USD ($)
Sep. 30, 2016
Dec. 31, 2015
Schedule of Investments [Abstract]    
Available for Sale Amounts maturing in One year or less, Amortized Cost $ 0 $ 0
Available for Sale Amounts maturing in After one through five years, Amortized Cost 6,934,107 22,374,572
Available for Sale Amounts maturing in After five through ten years, Amorized Cost 32,668,949 22,553,504
Available for Sale Amounts maturing in After ten years, Amortized Cost 3,767,397 5,818,749
Total debt securities AFS, Amortized Cost 43,370,453 50,746,825
Equity securities, Amortized Cost 112,380 12,000
Total securities AFS, Amortized Cost 43,482,833 50,758,825
Available for Sale Amounts maturing in One year or less, Estimated Fair Value 0 0
Available for Sale Amounts maturing in After one through five years, Estimated Fair Value 7,127,904 22,310,228
Available for Sale Amounts maturing in After five through ten years, Estimated Fair Value 34,209,965 23,222,962
Available for Sale Amounts maturing in After ten years, Estimated Fair Value 3,887,893 5,931,221
Total debt securities AFS, Estimated Fair Value 45,225,762 51,464,411
Equity securities, Estimated Fair Value 112,380 12,000
Total Estimated Fair Value 45,338,142 51,476,411
Held to Maturity Amounts maturing in One year or less, Amortized Cost 6,367,329 3,956,629
Held to Maturity Amounts maturing in After one through five years, Amortized Cost 26,020,754 27,302,169
Held to Maturity Amounts maturing in After five through ten years, Amortized Cost 17,351,665 21,412,080
Held to Maturity Amounts maturing in After ten years, Amortized Cost 6,648,955 8,217,926
Total securities HTM, Amortized Cost 56,388,703 60,888,804
Held to Maturity Amounts maturing in One year or less, Estimated Fair Value 6,375,231 3,968,196
Held to Maturity Amounts maturing in After one through five years, Estimated Fair Value 26,516,943 27,617,796
Held to Maturity Amounts maturing in After five through ten years, Estimated Fair Value 18,169,853 22,253,863
Held to Maturity Amounts maturing in After ten years, Estimated Fair Value 6,937,621 8,358,844
Total securities HTM, Estimated Fair Value $ 57,999,648 $ 62,198,699