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Fair Value Disclosures - Carrying Amount and Estimated Fair Value of Financial Instruments (Details) - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Jun. 30, 2016
Dec. 31, 2015
Assets:        
Cash and cash equivalents, Carrying Amount $ 82,835,426 $ 68,748,308 $ 71,737,117 $ 79,964,633
Securities available for sale, Carrying Amount 132,762,000 129,422,000    
Restricted investments, Carrying Amount 6,080,700 5,627,950    
Loans, net, Carrying Amount 859,922,516 808,271,003    
Cash and cash equivalents, Estimated Fair Value 82,835,000 68,748,000    
Securities available for sale, Estimated Fair Value 132,762,000 129,422,000    
Loans, net, Estimated Fair Value 851,841,000 803,057,000    
Liabilities:        
Noninterest-bearing demand deposits, Carrying Amount 183,324,236 153,482,650    
Interest-bearing demand deposits, Carrying Amount 156,149,846 162,702,457    
Money Market and Savings deposits, Carrying Amount 324,014,000 274,605,000    
Time deposits, Carrying Amount 318,146,778 316,275,340    
Securities sold under agreements to repurchase, Carrying Amount 22,945,984 26,621,984    
Federal Home Loan Bank advances and other borrowings, Carrying Amount 0 18,505,390    
Noninterest-bearing demand deposits, Estimated Fair Value 183,324,000 153,483,000    
Interest-bearing demand deposits, Estimated Fair Value 156,150,000 162,702,000    
Money Market and Savings deposits, Estimated Fair Value 324,014,000 274,605,000    
Time deposits, Estimated Fair Value 318,211,000 316,734,000    
Securities sold under agreements to repurchase, Estimated Fair Value 22,946,000 26,622,000    
Federal Home Loan Bank advances and other borrowings, Estimated Fair Value $ 0 $ 18,505,000