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Fair Value Disclosures - Carrying Amount and Estimated Fair Value of Financial Instruments (Details) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Jun. 30, 2015
Dec. 31, 2014
Assets:        
Cash and cash equivalents, Carrying Amount $ 71,737,117 $ 79,964,633 $ 43,810,305 $ 46,736,414
Securities available for sale, Carrying Amount 142,875,000 166,413,000    
Restricted investments, Carrying Amount 4,451,250 4,451,050    
Loans, net, Carrying Amount 768,676,292 723,360,786    
Cash and cash equivalents, Estimated Fair Value 71,737,000 79,965,000    
Securities available for sale, Estimated Fair Value 142,875,000 166,413,000    
Restricted investments, Estimated Fair Value 4,451,000 4,451,000    
Loans, net, Estimated Fair Value 781,411,000 721,338,000    
Liabilities:        
Noninterest-bearing demand deposits, Carrying Amount 145,863,797 131,418,580    
Interest-bearing demand deposits, Carrying Amount 153,165,963 149,423,954    
Money Market and Savings deposits, Carrying Amount 258,281,000 236,901,000    
Time deposits, Carrying Amount 331,438,457 340,739,072    
Securities sold under agreements to repurchase, Carrying Amount 26,882,748 28,068,215    
Federal Home Loan Bank advances and other borrowings, Carrying Amount 10,091,202 34,187,462    
Noninterest-bearing demand deposits, Estimated Fair Value 145,864,000 131,419,000    
Interest-bearing demand deposits, Estimated Fair Value 153,166,000 149,424,000    
Money Market and Savings deposits, Estimated Fair Value 258,281,000 236,901,000    
Time deposits, Estimated Fair Value 333,350,000 342,873,000    
Securities sold under agreements to repurchase, Estimated Fair Value 26,883,000 28,068,000    
Federal Home Loan Bank advances and other borrowings, Estimated Fair Value $ 10,096,000 $ 34,169,000