XML 61 R50.htm IDEA: XBRL DOCUMENT v3.23.1
Schedule of Allowance for Loan Losses (Details) - USD ($)
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Marketable Securities [Line Items]    
Financing receivable, allowance for credit loss, beginning balance $ 1,970,311 $ 1,699,902
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13) [1] 665,030  
Allowance for credit losses, provision [2] 100,078 270,409
Allowance for credit losses, charge-offs
Financing receivable, allowance for credit loss, ending balance 2,735,419 1,970,311
Commercial Loan [Member]    
Marketable Securities [Line Items]    
Financing receivable, allowance for credit loss, beginning balance 187,129 187,129
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13) [1] 555,807  
Allowance for credit losses, provision [2] 15,195
Allowance for credit losses, charge-offs
Financing receivable, allowance for credit loss, ending balance 758,131 187,129
Residential Mortgage [Member]    
Marketable Securities [Line Items]    
Financing receivable, allowance for credit loss, beginning balance 1,739,980 1,469,571
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13) [1] (192,607)  
Allowance for credit losses, provision [2] 137,727 270,409
Allowance for credit losses, charge-offs
Financing receivable, allowance for credit loss, ending balance 1,685,100 1,739,980
Residential Construction [Member]    
Marketable Securities [Line Items]    
Financing receivable, allowance for credit loss, beginning balance 43,202 43,202
Cumulative effect adjustment upon adoption of new accounting standard (ASU 2016-13) [1] 301,830  
Allowance for credit losses, provision [2] (52,844)
Allowance for credit losses, charge-offs
Financing receivable, allowance for credit loss, ending balance $ 292,188 $ 43,202
[1] See Note 2 of the notes to the condensed consolidated financial statements
[2] Included in other expenses on the condensed consolidated statements of earnings