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Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
ASSETS:    
Cash and Cash Equivalents $ 15,340,792 $ 12,536,311
Interest-bearing Deposits in Banks and Other Financial Institutions 950,005 950,005
Investment and Mortgage-Backed Securities:    
Available For Sale ("AFS") 471,931,623 414,644,840
Investment and Mortgage-Backed Securities, Held to Maturity 16,858,861 19,246,935
Total Investments And Mortgage-Backed Securities 488,790,484 433,891,775
Loans Receivable, Net:    
Held For Sale 6,155,830 3,990,606
Loans and Leases Receivable, Net Amount 528,290,665 448,868,129
Total Loans Receivable, Net 534,446,495 452,859,000
Accrued Interest Receivable:    
Loans 2,457,713 1,211,826
Mortgage-Backed Securities 575,230 551,214
Investment Securities 1,359,940 1,635,497
Total Accrued Interest Receivable 4,392,883 3,398,537
Operating Lease, Right-of-Use Asset 2,531,674 2,718,676
Premises and Equipment, Net 27,051,354 27,219,883
Federal Home Loan Bank ("FHLB") Stock, at Cost 2,672,800 2,536,500
Other Real Estate Owned ("OREO") 184,300 677,740
Bank Owned Life Insurance ("BOLI") 21,771,647 21,501,647
Goodwill 1,199,754 1,199,754
Other Assets 1,186,910 3,737,978
Total Assets 1,100,519,098 963,227,541
Liabilities:    
Deposit Accounts 875,185,557 771,407,482
Advance Payments By Borrowers For Taxes And Insurance 501,493 207,582
Advances from FHLB 42,500,000 38,138,000
Other Borrowings 20,953,072 11,579,819
Junior Subordinated Debentures 5,155,000  
Junior Subordinated Debentures 5,155,000 5,155,000
Senior Convertible Debentures 0  
Senior Convertible Debentures   6,044,000
Operating Lease, Liability 2,553,516 2,733,531
Other Liabilities 6,897,932 6,204,122
Total Liabilities 993,446,570 871,469,536
Shareholders' Equity:    
Common Stock, $.01 Par Value; Authorized 5,000,000 Shares; Issued and Outstanding Shares, 3,453,817 and 3,252,884, Respectively, at June 30, 2020 and 3,157,787 and 2,956,854, Respectively, at December 31, 2019 34,538 31,578
Additional Paid-In Capital 18,230,187 12,308,179
Treasury Stock, at Cost (200,933 Shares) (4,330,712) (4,330,712)
Accumulated Other Comprehensive Income ("AOCI") 11,427,261 4,467,527
Retained Earnings 81,711,254 79,281,433
Total Shareholders' Equity 107,072,528 91,758,005
Total Liabilities and Shareholders' Equity $ 1,100,519,098 $ 963,227,541