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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2015 18,021 8,439,258        
Beginning Balance at Dec. 31, 2015 $ 18,021,000 $ 8,439,258 $ 29,145,094 $ 44,285,621 $ (4,434,351) $ 95,456,622
Change in Unrealized Gains (Losses) on Securities Available for Sale, Net of Reclassification Adjustment and Tax Effects (587,789) (587,789)
Dividends on Preferred Shares (1,493,310) (1,493,310)
Redemption of Preferred Stock (in shares) (8,661)        
Redemption of Preferred Stock $ (8,661,000) (8,661,000)
Net Income 8,673,210 8,673,210
Balance (in shares) at Dec. 31, 2016 9,360 8,439,258        
Ending Balance at Dec. 31, 2016 $ 9,360,000 $ 8,439,258 29,145,094 51,465,521 (5,022,140) 93,387,733
Change in Unrealized Gains (Losses) on Securities Available for Sale, Net of Reclassification Adjustment and Tax Effects (401,514) (401,514)
Dividends on Preferred Shares (210,600) (210,600)
Redemption of Preferred Stock (in shares) (9,360)        
Redemption of Preferred Stock $ (9,360,000) (9,360,000)
Net Income 7,750,978 7,750,978
Dividends on Common Shares (843,934) (843,934)
TCJ Act Reclassification 1,068,295 (1,068,295)
Balance (in shares) at Dec. 31, 2017 8,439,258        
Ending Balance at Dec. 31, 2017 $ 8,439,258 29,145,094 59,230,260 (6,491,949) 90,322,663
Change in Unrealized Gains (Losses) on Securities Available for Sale, Net of Reclassification Adjustment and Tax Effects (1,698,141) (1,698,141)
Net Income 11,917,400 11,917,400
Dividends on Common Shares (1,688,417) (1,688,417)
Issuance of Restricted Stock (in shares) 5,650        
Issuance of Restricted Stock $ 5,650 (5,650)
Stock-based Compensation Expense 13,890 13,890
Repurchase of Warrants (3,175,000) (3,175,000)
Balance (in shares) at Dec. 31, 2018 8,444,908        
Ending Balance at Dec. 31, 2018 $ 8,444,908 $ 25,978,334 $ 69,459,243 $ (8,190,090) $ 95,692,395