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Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
ASSETS:    
Cash and Cash Equivalents $ 15,606,530 $ 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") 504,802,323 414,644,840
Investment and Mortgage-Backed Securities, Held to Maturity 15,847,518 19,246,935
Total Investments And Mortgage-Backed Securities 520,649,841 433,891,775
Loans Receivable, Net:    
Held For Sale 7,495,183 3,990,606
Loans and Leases Receivable, Net Amount 520,374,974 448,868,129
Total Loans Receivable, Net 527,870,157 452,859,000
Accrued Interest Receivable:    
Loans 1,826,444 1,211,826
Mortgage-Backed Securities 581,989 551,214
Investment Securities 1,383,735 1,635,497
Total Accrued Interest Receivable 3,792,168 3,398,537
Operating Lease, Right-of-Use Asset 2,442,012 2,718,676
Premises and Equipment, Net 26,700,217 27,219,883
Federal Home Loan Bank ("FHLB") Stock, at Cost 2,354,000 2,536,500
Other Real Estate Owned ("OREO") 164,700 677,740
Bank Owned Life Insurance ("BOLI") 25,909,897 21,501,647
Goodwill 1,199,754 1,199,754
Other Assets 1,563,429 3,737,978
Total Assets 1,129,202,710 963,227,541
Liabilities:    
Deposit Accounts 904,791,988 771,407,482
Advance Payments By Borrowers For Taxes And Insurance 561,425 207,582
Advances from FHLB 35,000,000 38,138,000
Other Borrowings 19,768,107 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 2,467,188 2,733,531
Other Liabilities 6,383,214 6,204,122
Total Liabilities 1,020,151,922 871,469,536
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 September 30, 2020 and 3,157,787 and 2,956,854, Respectively, at December 31, 2019 34,538 31,578
Additional Paid-In Capital ("APIC") 18,230,187 12,308,179
Treasury Stock, at Cost (200,933 Shares) (4,330,712) (4,330,712)
Accumulated Other Comprehensive Income ("AOCI") 12,826,079 4,467,527
Retained Earnings 82,290,696 79,281,433
Total Shareholders' Equity 109,050,788 91,758,005
Total Liabilities and Shareholders' Equity $ 1,129,202,710 $ 963,227,541