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Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets at Fair Value

The following table shows the fair value and notional amounts of derivative instruments:

 

      March 31, 2025   December 31, 2024 
   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  $202,283,530   $3,016,606   $228,856   $210,597,657   $5,348,089   $3,034,879 
Total     $202,283,530   $3,016,606   $228,856   $210,597,657   $5,348,089   $3,034,879 
Schedule of Gains and Losses on Derivatives

The table below presents the gains (losses) on derivatives. There were no gains or losses reclassified from accumulated other comprehensive income into income or gains or losses recognized in income on derivatives ineffective portion, or any amounts excluded from effective testing.

 

      Net Amount Gain 
      Three Months Ended March 31, 
Derivative  Classification  2025   2024 
Loan commitments  Mortgage fee income  $474,540   $561,778