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5. Loans, Allowance for Loan Losses and Credit Quality (Details 3) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Allowance for loan losses, beginning balance $ 5,723,753 $ 5,413,023 $ 5,602,541 $ 5,438,099 $ 5,438,099
Charge-offs (267,333) (50,092) (541,757) (481,832) (742,020)
Recoveries 14,723 68,296 56,190 114,960 126,462
Provisions (credit) 412,499 210,000 766,668 570,000 780,000
Allowance for loan losses, ending balance 5,883,642 5,641,227 5,883,642 5,641,227 5,602,541
Allowance for loan losses evaluated for impairment, individually 205,180   205,180   114,726
Allowance for loan losses evaluated for impairment, collectively 5,678,462   5,678,462   5,487,815
Allowance for loan losses 5,883,642   5,883,642   5,602,541
Loans evaluated for impairment, individually 7,729,644   7,729,644   6,519,121
Loans evaluated for impairment, collectively 596,377,644   596,377,644   571,931,396
Total loans 604,107,288   604,107,288   578,450,517
Commercial and industrial          
Allowance for loan losses, beginning balance 715,132 785,089 697,469 675,687 675,687
Charge-offs (6,795) 0 (10,368) (131,273) (152,860)
Recoveries 1,690 34,818 10,768 54,858 60,192
Provisions (credit) 133,632 (34,687) 145,790 185,948 114,450
Allowance for loan losses, ending balance 843,659 785,220 843,659 785,220 697,469
Allowance for loan losses evaluated for impairment, individually 95,945   95,945   0
Allowance for loan losses evaluated for impairment, collectively 747,714   747,714   697,469
Allowance for loan losses 843,659   843,659   697,469
Loans evaluated for impairment, individually 570,172   570,172   60,846
Loans evaluated for impairment, collectively 92,074,697   92,074,697   80,705,847
Total loans 92,644,869   92,644,869   80,766,693
Commercial Real Estate          
Allowance for loan losses, beginning balance 3,094,781 2,708,239 3,019,868 2,674,029 2,674,029
Charge-offs (101,476) 0 (116,186) (124,645) (124,645)
Recoveries 0 0 0 0 0
Provisions (credit) 272,858 102,491 362,481 261,346 470,484
Allowance for loan losses, ending balance 3,266,163 2,810,730 3,266,163 2,810,730 3,019,868
Allowance for loan losses evaluated for impairment, individually 0   0   0
Allowance for loan losses evaluated for impairment, collectively 3,266,163   3,266,163   3,019,868
Allowance for loan losses 3,266,163   3,266,163   3,019,868
Loans evaluated for impairment, individually 1,849,290   1,849,290   1,746,894
Loans evaluated for impairment, collectively 247,750,431   247,750,431   233,571,254
Total loans 249,599,721   249,599,721   235,318,148
Municipal          
Allowance for loan losses, beginning balance 0 0 0 0 0
Charge-offs 0 0 0 0 0
Recoveries 0 0 0 0 0
Provisions (credit) 0 0 0 0 0
Allowance for loan losses, ending balance 0 0 0 0 0
Allowance for loan losses evaluated for impairment, individually 0   0   0
Allowance for loan losses evaluated for impairment, collectively 0   0   0
Allowance for loan losses 0   0   0
Loans evaluated for impairment, individually 0   0   0
Loans evaluated for impairment, collectively 51,935,005   51,935,005   47,067,023
Total loans 51,935,005   51,935,005   47,067,023
Residential Real Estate - 1st Lien          
Allowance for loan losses, beginning balance 1,427,357 1,398,041 1,421,494 1,460,547 1,460,547
Charge-offs (147,724) (591) (242,244) (79,025) (251,654)
Recoveries 1,059 17,353 11,131 26,511 26,832
Provisions (credit) 130,189 (18,277) 220,500 (11,507) 185,769
Allowance for loan losses, ending balance 1,410,881 1,396,526 1,410,881 1,396,526 1,421,494
Allowance for loan losses evaluated for impairment, individually 107,526   107,526   112,969
Allowance for loan losses evaluated for impairment, collectively 1,303,355   1,303,355   1,308,525
Allowance for loan losses 1,410,881   1,410,881   1,421,494
Loans evaluated for impairment, individually 5,129,666   5,129,666   4,392,060
Loans evaluated for impairment, collectively 155,926,562   155,926,562   161,273,115
Total loans 161,056,228   161,056,228   165,665,175
Residential Real Estate Jr Lien          
Allowance for loan losses, beginning balance 287,984 287,602 273,445 316,982 316,982
Charge-offs 0 (12,174) (102,000) (36,174) (69,173)
Recoveries 485 260 1,486 935 1,420
Provisions (credit) (3,402) 78,108 112,136 72,053 24,216
Allowance for loan losses, ending balance 285,067 353,796 285,067 353,796 273,445
Allowance for loan losses evaluated for impairment, individually 1,709   1,709   1,757
Allowance for loan losses evaluated for impairment, collectively 283,358   283,358   271,688
Allowance for loan losses 285,067   285,067   273,445
Loans evaluated for impairment, individually 180,516   180,516   319,321
Loans evaluated for impairment, collectively 43,981,211   43,981,211   44,225,666
Total loans 44,161,727   44,161,727   44,544,987
Consumer          
Allowance for loan losses, beginning balance 53,410 51,635 56,787 43,303 43,303
Charge-offs (11,338) (37,327) (70,959) (110,715) (143,688)
Recoveries 11,489 15,865 32,805 32,656 38,018
Provisions (credit) (454) 21,590 34,474 86,519 119,154
Allowance for loan losses, ending balance 53,107 51,763 53,107 51,763 56,787
Allowance for loan losses evaluated for impairment, individually 0   0   0
Allowance for loan losses evaluated for impairment, collectively 53,107   53,107   56,787
Allowance for loan losses 53,107   53,107   56,787
Loans evaluated for impairment, individually 0   0   0
Loans evaluated for impairment, collectively 4,709,738   4,709,738   5,088,491
Total loans 4,709,738   4,709,738   5,088,491
Unallocated          
Allowance for loan losses, beginning balance 145,089 182,417 133,478 267,551 267,551
Charge-offs 0 0 0 0 0
Recoveries 0 0 0 0 0
Provisions (credit) (120,324) 60,775 (108,713) (24,359) (134,073)
Allowance for loan losses, ending balance 24,765 $ 243,192 24,765 $ 243,192 133,478
Allowance for loan losses evaluated for impairment, individually 0   0   0
Allowance for loan losses evaluated for impairment, collectively 24,765   24,765   133,478
Allowance for loan losses 24,765   24,765   $ 133,478
Loans evaluated for impairment, individually 0   0    
Loans evaluated for impairment, collectively 0   0    
Total loans $ 0   $ 0