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Investment Securities - Schedule of Securities Available for Sale (Details) - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Amortized Cost $ 69,880,030 $ 58,969,585
Unrealized Gains 1,591,775 316,725
Unrealized Losses 48,312 972,733
Total Estimated Fair Value 71,423,493 58,313,577
U.S. Government Treasury Securities [Member]    
Amortized Cost 3,969,317 982,044
Unrealized Gains 69,723 0
Unrealized Losses 0 27,474
Total Estimated Fair Value 4,039,040 954,570
U.S. Government Agency Securities [Member]    
Amortized Cost 39,676,381 45,823,595
Unrealized Gains 1,147,249 264,567
Unrealized Losses 10,816 881,157
Total Estimated Fair Value 40,812,814 45,207,005
State and Municipal Securities [Member]    
Amortized Cost 4,364,312 7,394,278
Unrealized Gains 180,397 30,579
Unrealized Losses 508 46,922
Total Estimated Fair Value 4,544,201 7,377,935
Residential Mortgage-Backed Securities [Member]    
Amortized Cost 21,870,020 4,769,668
Unrealized Gains 194,406 21,579
Unrealized Losses 36,988 17,180
Total Estimated Fair Value $ 22,027,438 $ 4,774,067