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Consolidated Balance Sheets (Parenthetical) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Statement of Financial Position [Abstract]    
Investment securities held to maturity $ 26,117,580 $ 37,010,327
Loans, allowance for loan losses 3,604,348 3,428,869
Certificates of deposit $ 250,000 $ 250,000
Common stock, par value $ 1 $ 1
Common stock, shares authorized 5,000,000 5,000,000
Common stock, shares issued 2,548,510 2,545,776