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Condensed Parent Information (Details 1) - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
INCOME    
Interest income $ 42,564,391 $ 27,753,233
EXPENSES    
Interest expense 4,299,682 2,757,142
Income tax benefit (3,362,080) (1,640,744)
Net income 5,798,808 1,509,712
Preferred stock dividend requirements 1,022,000 120,000
Net income available to common stockholders 4,776,808 1,389,712
Parent [Member]    
INCOME    
Dividends 3,000,000 0
Interest income 0 0
Interest and dividend income 3,000,000 0
EXPENSES    
Interest expense 17,000 40,000
Other operating expenses 1,146,000 1,817,000
Loss before equity in undistributed earnings of subsidiaries and income tax benefit 1,837,000 (1,857,000)
Equity in undistributed earnings of subsidiaries 3,520,000 2,993,000
Income tax benefit 442,000 374,000
Net income 5,799,000 1,510,000
Preferred stock dividend requirements 1,022,000 120,000
Net income available to common stockholders $ 4,777,000 $ 1,390,000