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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND COMPREHENSIVE INCOME (Unaudited) (USD $)
Common Stock
Additional Paid In Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income
Total
Balance, beginning at Dec. 31, 2009 $ 23,511,560$ 4,968,336$ (1,692,964)$ 780,265$ 27,567,197
Net income  2,277,310  2,277,310
Net unrealized gain (loss) on securities (net of tax effect)    324,050324,050
Total comprehensive income     2,601,360
Exercise of stock options 181,386   181,386
Stock-based compensation expense 35,649   35,649
Cash dividends (per common share)  (1,245,097)  (1,245,097)
Issuance of 10% stock dividend 4,429,847(4,222,838)(209,475) (2,466)
Balance, ending at Sep. 30, 2010 28,158,4421,777,711(1,902,439)1,104,31529,138,029
Balance, beginning at Dec. 31, 2010 28,202,9392,167,927(1,902,439)250,45528,718,882
Net income  2,354,377  2,354,377
Net unrealized gain (loss) on securities (net of tax effect)    1,611,9031,611,903
Reclassification adjustment for gains included in income (net of tax effect)    (78,543)(78,543)
Total comprehensive income     3,887,737
Exercise of stock options 123,403   123,403
Stock-based compensation expense 43,275   43,275
Cash dividends (per common share)  (1,376,624)  (1,376,624)
Balance, ending at Sep. 30, 2011 $ 28,369,617$ 3,145,680$ (1,902,439)$ 1,783,815$ 31,396,673