XML 51 R41.htm IDEA: XBRL DOCUMENT v3.22.2.2
Schedule of Allowance for Loan Losses as Contra -Asset Account (Details) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Marketable Securities [Line Items]    
Financing receivable, allowance for credit loss, beginning $ 1,699,902 $ 2,005,127
Allowance for credit losses, charge-offs
Allowance for credit losses, provision (223,007) (305,225)
Financing receivable, allowance for credit loss, ending balance 1,476,895 1,699,902
Financing receivable, allowance for credit losses, individually evaluated for impairment 63,310 105,384
Financing receivable, allowance for credit losses, collectively evaluated for impairment 1,413,585 1,594,518
Mortgage loans 277,536,069 280,334,517
Financing receivable, individually evaluated for impairment 2,212,365 4,272,028
Financing receivable, collectively evaluated for impairment 275,323,704 276,062,489 [1]
Commercial Loan [Member]    
Marketable Securities [Line Items]    
Financing receivable, allowance for credit loss, beginning 187,129 187,129
Allowance for credit losses, charge-offs
Allowance for credit losses, provision
Financing receivable, allowance for credit loss, ending balance 187,129 187,129
Financing receivable, allowance for credit losses, individually evaluated for impairment
Financing receivable, allowance for credit losses, collectively evaluated for impairment 187,129 187,129
Mortgage loans 34,050,215 51,683,022
Financing receivable, individually evaluated for impairment 501,949 1,723,372
Financing receivable, collectively evaluated for impairment 33,548,266 49,959,650
Residential Mortgage [Member]    
Marketable Securities [Line Items]    
Financing receivable, allowance for credit loss, beginning 1,469,571 1,774,796
Allowance for credit losses, charge-offs
Allowance for credit losses, provision (223,007) (305,225)
Financing receivable, allowance for credit loss, ending balance 1,246,564 1,469,571
Financing receivable, allowance for credit losses, individually evaluated for impairment 63,310 105,384
Financing receivable, allowance for credit losses, collectively evaluated for impairment 1,183,254 1,364,187
Mortgage loans 40,355,630 53,533,712
Financing receivable, individually evaluated for impairment 1,294,512 2,548,656
Financing receivable, collectively evaluated for impairment 39,061,118 50,985,056
Residential Construction [Member]    
Marketable Securities [Line Items]    
Financing receivable, allowance for credit loss, beginning 43,202 43,202
Allowance for credit losses, charge-offs
Allowance for credit losses, provision
Financing receivable, allowance for credit loss, ending balance 43,202 43,202
Financing receivable, allowance for credit losses, individually evaluated for impairment
Financing receivable, allowance for credit losses, collectively evaluated for impairment 43,202 43,202
Mortgage loans 203,130,224 175,117,783
Financing receivable, individually evaluated for impairment 415,904
Financing receivable, collectively evaluated for impairment $ 202,714,320 $ 175,117,783
[1] Amount corrected from that previously reported due to a typographical error.