Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Nonaccrual loan interest	$ 1,947	$ 34,104
Deferred gain on covered transaction	23,657	24,154
Alternative minimum tax	434,920	564,920
Foreclosed assets expenses	9,618	6,205
Intangible asset amortization	298,699	298,699
Bad debt expense in excess of tax	1,062,364	1,030,959
Realized loss on other-than-temporarily impaired equity securities	214,353	214,353
Nonqualified retirement plan	0	0
Pension plan	875,641	838,137
Total deferred tax assets	2,921,199	3,011,531
Accretion on bonds and gain on discounted bonds	69,133	59,005
Book and tax depreciation difference	243,593	262,312
Unrealized gain (loss) on securities available for sale	(44,416)	243,979
Total deferred tax liabilities	268,310	565,296
Net deferred tax assets	$ 2,652,889	$ 2,446,235