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Consolidated Statements of Comprehensive Income - USD ($)
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Net income $ 18,850,063 $ 17,194,169
Other comprehensive income, before tax:    
Unrealized holding gains arising during the period 16,307,017 10,936,820
Less: reclassification adjustment for gains realized in net income 429,925 17,031
Other comprehensive income before tax 15,877,092 10,919,789
Tax expense related to other comprehensive income 3,969,274 2,729,946
Other comprehensive income, net of tax 11,907,818 8,189,843
Comprehensive income $ 30,757,881 $ 25,384,012