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Investment Securities - Summary of Amortized Cost and Estimated Fair Value of Securities (Details) - USD ($)
Dec. 31, 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 10,130,179 22,374,572
Available for Sale Amounts maturing in After five through ten years, Amorized Cost 39,818,677 22,553,504
Available for Sale Amounts maturing in After ten years, Amortized Cost 3,634,904 5,818,749
Total debt securities AFS, Amortized Cost 53,583,760 50,746,825
Equity securities, Amortized Cost 112,380 12,000
Total securities AFS, Amortized Cost 53,696,140 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 10,303,973 22,310,228
Available for Sale Amounts maturing in After five through ten years, Estimated Fair Value 39,507,820 23,222,962
Available for Sale Amounts maturing in After ten years, Estimated Fair Value 3,641,330 5,931,221
Total debt securities AFS, Estimated Fair Value 53,453,123 51,464,411
Equity securities, Estimated Fair Value 112,380 12,000
Total Estimated Fair Value 53,565,503 51,476,411
Held to Maturity Amounts maturing in One year or less, Amortized Cost 7,939,740 3,956,629
Held to Maturity Amounts maturing in After one through five years, Amortized Cost 26,537,314 27,302,169
Held to Maturity Amounts maturing in After five through ten years, Amortized Cost 15,178,560 21,412,080
Held to Maturity Amounts maturing in After ten years, Amortized Cost 4,946,921 8,217,926
Total securities HTM, Amortized Cost 54,602,535 60,888,804
Held to Maturity Amounts maturing in One year or less, Estimated Fair Value 7,941,397 3,968,196
Held to Maturity Amounts maturing in After one through five years, Estimated Fair Value 26,786,525 27,617,796
Held to Maturity Amounts maturing in After five through ten years, Estimated Fair Value 15,493,803 22,253,863
Held to Maturity Amounts maturing in After ten years, Estimated Fair Value 4,901,348 8,358,844
Total securities HTM, Estimated Fair Value $ 55,123,073 $ 62,198,699