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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities    
Net income (loss) $ 730,947 $ (440,980)
Adjustments to reconcile net income (loss) to net cash used for operating activities:    
Accretion of intangible assets (16,539) (30,000)
(Recovery) provision for credit losses (80,000) 35,000
Depreciation of premises and equipment 101,036 126,169
(Accretion) amortization of deferred loan (fees) costs, net (95,442) 56,577
Amortization of premiums and accretion of discounts on securities, net 69,258 5,000
Deferred income tax (benefit) 0 (546,536)
Gain on sale of loans (29,062) 0
Proceeds from sale of loans (1,557,899) 0
Origination of loans held for sale 1,586,961 0
Increase in cash surrender value of bank owned life insurance (762,231) (211,959)
Employee stock ownership plan expense 50,469 50,276
Stock based compensation 221,180 234,493
Changes in:    
Accrued interest receivable 81,283 (103,933)
Net changes in other assets 179,956 (2,225,520)
Net changes in other liabilities (495,932) 170,706
Net cash used for operating activities (16,015) (2,880,707)
Cash flows from investing activities    
Purchases of securities held to maturity 0 (4,902,000)
Purchases of securities available for sale (13,500,000) (39,914,051)
Maturities, calls, and repayments of securities available for sale 16,951,619 7,838,538
Maturities, calls, and repayments of securities held to maturity 0 1,060,890
Net decrease in loans 10,576,279 6,296,895
Purchases of premises and equipment (36,169) (266,087)
Purchase of FHLB stock (157,500) (1,282,500)
Redemption of FHLB stock 1,616,800 2,110,100
Net cash provided by (used for) investing activities 15,451,029 (29,058,215)
Cash flows from financing activities    
Net (decrease) increase in deposits (9,154,372) 40,195,264
Net decrease in short-term FHLB advances (5,000,000) (9,000,000)
Proceeds from long-term FHLB non-repo advances 0 10,000,000
Repayments of long-term FHLB non-repo advances (27,403,111) (19,365,908)
Repurchase of common stock (398,215) (269,695)
Net (decrease) increase in advance payments from borrowers for taxes and insurance (101,697) 265,143
Net cash (used for) provided by financing activities (42,057,395) 21,824,804
Net decrease in cash and cash equivalents (26,622,381) (10,114,118)
Cash and cash equivalents at beginning of year 52,232,208 24,929,471
Cash and cash equivalents at March 31, 25,609,827 14,815,353
Supplemental cash flow information    
Income taxes paid 0 0
Interest paid 7,330,351 7,409,950
Fair value change in fair value hedges, net 2,212 0
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]    
Supplemental cash flow information    
Fair value change in cash flow hedges $ (444,816) $ 660,347