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Condensed Consolidated Statements of Income and Retained Earnings (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
INTEREST INCOME $ 68,966,641 $ 66,133,832
INTEREST EXPENSE 8,629,059 6,278,364
NET INTEREST INCOME 60,337,582 59,855,468
Provision for Credit Losses 25,414,420 16,456,849
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 34,923,162 43,398,619
INSURANCE INCOME    
Premiums and Commissions 13,773,450 14,103,952
Insurance Claims and Expenses 4,734,793 5,422,259
Total Net Insurance Income 9,038,657 8,681,693
OTHER REVENUE 1,569,723 1,476,848
OTHER OPERATING EXPENSES    
Personnel Expense 28,304,267 28,118,964
Occupancy Expense 5,141,670 4,353,707
Other 17,822,539 14,283,333
Total 51,268,476 46,756,004
(LOSS) / INCOME BEFORE INCOME TAXES (5,736,934) 6,801,156
Provision for Income Taxes 948,030 737,250
NET (LOSS) / INCOME $ (6,684,964) $ 6,063,906
BASIC AND DILUTED EARNINGS PER SHARE    
Earnings per share, basic (in dollars per share) $ (39.32) $ 35.67
Earnings per share, diluted (in dollars per share) $ (39.32) $ 35.67