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Condensed Consolidated Statements of Income and Retained Earnings (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
INTEREST INCOME $ 70,724,286 $ 61,655,769 $ 204,867,038 $ 179,429,799
INTEREST EXPENSE 7,123,645 5,944,752 19,988,429 17,031,188
NET INTEREST INCOME 63,600,641 55,711,017 184,878,609 162,398,611
Provision for Loan Losses 24,967,844 9,720,108 57,024,372 23,853,439
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 38,632,797 45,990,909 127,854,237 138,545,172
INSURANCE INCOME        
Premiums and Commissions 14,772,163 13,700,612 42,851,191 39,236,865
Insurance Claims and Expenses 4,513,929 4,070,160 13,731,066 12,189,831
Total Net Insurance Income 10,258,234 9,630,452 29,120,125 27,047,034
OTHER REVENUE 1,835,940 1,693,871 5,381,846 4,457,156
OTHER OPERATING EXPENSES        
Personnel Expense 28,417,796 28,876,677 86,643,628 86,266,090
Occupancy Expense 4,571,707 4,382,379 13,284,849 13,086,943
Other 14,596,721 12,770,720 42,265,283 35,670,630
Total 47,586,224 46,029,776 142,193,760 135,023,663
INCOME BEFORE INCOME TAXES 3,140,747 11,285,456 20,162,448 35,025,699
Provision for Income Taxes 1,359,786 1,060,890 3,201,942 2,901,579
NET INCOME $ 1,780,961 $ 10,224,566 $ 16,960,506 $ 32,124,120
BASIC AND DILUTED EARNINGS PER SHARE        
Earnings per share, basic (in dollars per share) $ 10.48 $ 60.14 $ 99.77 $ 188.97
Earnings per share, diluted (in dollars per share) $ 10.48 $ 60.14 $ 99.77 $ 188.97