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Derivative Instruments (Tables)
 9 Months Ended
Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets at Fair Value

The following table shows the notional amount and fair value of derivatives as of September 30, 2021 and December 31, 2020.

 

   Fair Values and Notional Values of Derivative Instruments
      September 30, 2021   December 31, 2020 
   Balance Sheet Location  Notional Amount   Asset Fair Value   Liability Fair Value   Notional Amount   Asset Fair Value   Liability Fair Value 
Derivatives not designated as hedging instruments:                           
Loan commitments  Other assets and Other liabilities  $1,085,101,600   $10,396,178   $816,661   $659,245,038   $12,592,672   $2,464,062 
Put options  Other liabilities   635,000    —    23,631                
Call options  Other liabilities   1,062,500    —    16,943    1,873,200    —    43,097 
Total     $1,086,799,100   $10,396,178   $857,235   $661,118,238   $12,592,672   $2,507,159 
Schedule of Gains and Losses on Derivatives

The following table shows the gains and losses on derivatives for the periods presented.

 

      Net Amount Gain (Loss)   Net Amount Gain (Loss) 
      Three Months Ended September 30   Nine Months Ended September 30 
Derivative  Classification  2021   2020   2021   2020 
Loan commitments  Mortgage fee income  $(380,696)  $3,901,086   $(549,093)  $12,454,218 
                        
Call and put options  Gains on investments and other assets  $12,985   $34,171   $128,270   $124,516