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The amortized cost and estimated fair value of investment securities available for sale at December 31, 2022 and 2021, by contractual maturity are in the following table. (Details) - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]    
Due in one year or less, amortized cost $ 42,722,655 $ 12,756,176
Due in one year or less, estimated fair value 41,698,011 12,859,086
Due in one year to five years, amortized cost 190,569,869 116,602,790
Due in one year to five years, estimated fair value 176,217,530 115,896,465
Due in one year to five years, amortized cost 53,995,700 76,531,464
Due in five years to ten years, estimated fair value 45,386,818 74,575,862
Due in ten years and over, amortized cost 9,709,926 9,157,021
Due in ten years and over, estimated fair value 7,869,867 9,016,076
Total, amortized cost 296,998,150 215,047,451
Total, estimated fair value $ 271,172,226 $ 212,347,489