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Loans and Allowance for Loan Losses - Schedule of Changes in Allowance for Loan Losses (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Receivables [Abstract]      
Beginning balance $ 3,428,869 $ 3,043,632 $ 3,124,611
Provision charged to operations 856,677 829,500 300,000
Loans charged off (750,757) (606,345) (447,747)
Recoveries 69,559 162,082 66,768
Balance at end of period $ 3,604,348 $ 3,428,869 $ 3,043,632