Loans Allowance for Loan Losses and Credit Quality (Details 3) - USD ($)
|
12 Months Ended |
Dec. 31, 2021 |
Dec. 31, 2020 |
Allowance for loan losses, beginning balance |
$ 7,208,485
|
$ 5,926,491
|
Charge-offs |
227,202
|
379,971
|
Recoveries |
104,808
|
72,965
|
Provision for loan losses |
624,165
|
1,589,000
|
Allowance for loan losses, ending balance |
7,710,256
|
7,208,485
|
Allowance for loan losses evaluated for impairment, individually |
79,978
|
108,781
|
Allowance for loan losses evaluated for impairment, collectively |
7,630,278
|
7,099,704
|
Total ALL evaluted for impairment |
7,710,256
|
7,208,485
|
Loans evaluated for impairment, individually |
8,456,162
|
7,150,092
|
Loans evaluated for impairment, collectively |
681,532,371
|
702,205,238
|
Total, Loans evaluted for impairment |
689,988,533
|
709,355,330
|
Commercial Real Estate [Member] |
|
|
Allowance for loan losses evaluated for impairment, individually |
0
|
|
Unallocated [Member] |
|
|
Allowance for loan losses, beginning balance |
398,913
|
178,038
|
Charge-offs |
0
|
0
|
Recoveries |
0
|
0
|
Provision for loan losses |
140,204
|
220,875
|
Allowance for loan losses, ending balance |
539,117
|
398,913
|
Allowance for loan losses evaluated for impairment, individually |
0
|
0
|
Allowance for loan losses evaluated for impairment, collectively |
539,117
|
398,913
|
Total ALL evaluted for impairment |
539,117
|
398,913
|
Residential real estate - 1st lien [Member] |
|
|
Allowance for loan losses, beginning balance |
1,735,304
|
1,388,564
|
Charge-offs |
98,704
|
203,623
|
Recoveries |
7,636
|
12,856
|
Provision for loan losses |
121,656
|
537,507
|
Allowance for loan losses, ending balance |
1,765,892
|
1,735,304
|
Allowance for loan losses evaluated for impairment, individually |
79,978
|
108,474
|
Allowance for loan losses evaluated for impairment, collectively |
1,685,914
|
1,626,830
|
Total ALL evaluted for impairment |
1,765,892
|
1,735,304
|
Loans evaluated for impairment, individually |
3,720,503
|
4,657,050
|
Loans evaluated for impairment, collectively |
177,595,842
|
165,850,213
|
Total, Loans evaluted for impairment |
181,316,345
|
170,507,263
|
Commercial Real Estates [Member] |
|
|
Allowance for loan losses, beginning balance |
3,854,153
|
3,181,646
|
Charge-offs |
22,000
|
(34,200)
|
Recoveries |
27,160
|
20,000
|
Provision for loan losses |
292,447
|
686,707
|
Allowance for loan losses, ending balance |
4,151,760
|
3,854,153
|
Allowance for loan losses evaluated for impairment, individually |
|
0
|
Allowance for loan losses evaluated for impairment, collectively |
4,151,760
|
3,854,153
|
Total ALL evaluted for impairment |
4,151,760
|
3,854,153
|
Loans evaluated for impairment, individually |
4,553,734
|
1,943,723
|
Loans evaluated for impairment, collectively |
296,405,197
|
278,600,827
|
Total, Loans evaluted for impairment |
300,958,931
|
280,544,550
|
Commercial & industrial [Member] |
|
|
Allowance for loan losses, beginning balance |
842,547
|
836,766
|
Charge-offs |
18,847
|
39,148
|
Recoveries |
4,761
|
1,087
|
Provision for loan losses |
110,586
|
43,842
|
Allowance for loan losses, ending balance |
939,047
|
842,547
|
Allowance for loan losses evaluated for impairment, individually |
0
|
0
|
Allowance for loan losses evaluated for impairment, collectively |
939,047
|
842,547
|
Total ALL evaluted for impairment |
939,047
|
842,547
|
Loans evaluated for impairment, individually |
93,362
|
414,266
|
Loans evaluated for impairment, collectively |
120,840,108
|
160,653,235
|
Total, Loans evaluted for impairment |
120,933,470
|
161,067,501
|
Municipal [Member] |
|
|
Allowance for loan losses, beginning balance |
82,211
|
0
|
Charge-offs |
0
|
0
|
Recoveries |
0
|
0
|
Provision for loan losses |
5,483
|
82,211
|
Allowance for loan losses, ending balance |
76,728
|
82,211
|
Allowance for loan losses evaluated for impairment, individually |
0
|
0
|
Allowance for loan losses evaluated for impairment, collectively |
76,728
|
82,211
|
Total ALL evaluted for impairment |
76,728
|
82,211
|
Loans evaluated for impairment, individually |
0
|
0
|
Loans evaluated for impairment, collectively |
47,955,231
|
54,807,367
|
Total, Loans evaluted for impairment |
47,955,231
|
54,807,367
|
Residential real estate - Jr lien [Member] |
|
|
Allowance for loan losses, beginning balance |
234,896
|
289,684
|
Charge-offs |
0
|
28,673
|
Recoveries |
10,821
|
5,809
|
Provision for loan losses |
(63,703)
|
(31,924)
|
Allowance for loan losses, ending balance |
182,014
|
234,896
|
Allowance for loan losses evaluated for impairment, individually |
0
|
307
|
Allowance for loan losses evaluated for impairment, collectively |
182,014
|
234,589
|
Total ALL evaluted for impairment |
182,014
|
234,896
|
Loans evaluated for impairment, individually |
88,563
|
135,053
|
Loans evaluated for impairment, collectively |
34,271,301
|
38,012,606
|
Total, Loans evaluted for impairment |
34,359,864
|
38,147,659
|
Consumer [Member] |
|
|
Allowance for loan losses, beginning balance |
60,461
|
51,793
|
Charge-offs |
87,651
|
74,327
|
Recoveries |
54,430
|
33,213
|
Provision for loan losses |
28,458
|
49,782
|
Allowance for loan losses, ending balance |
55,698
|
60,461
|
Allowance for loan losses evaluated for impairment, individually |
0
|
0
|
Allowance for loan losses evaluated for impairment, collectively |
55,698
|
60,461
|
Total ALL evaluted for impairment |
55,698
|
60,461
|
Loans evaluated for impairment, individually |
0
|
0
|
Loans evaluated for impairment, collectively |
4,464,692
|
4,280,990
|
Total, Loans evaluted for impairment |
$ 4,464,692
|
$ 4,280,990
|