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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) (USD $)
Common Stock
Additional Paid In Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income
Total
Balance, beginning at Dec. 31, 2010    $ 28,202,939 $ 2,167,927 $ (1,902,439) $ 250,455 $ 28,718,882
Net income       649,368       649,368
Other comprehensive Income             388,928 388,928
Exercise of stock options    14,850          14,850
Stock-based compensation expense    10,678          10,678
Cash dividends (per common share)       (443,169)       (443,169)
Balance, ending at Mar. 31, 2011    28,228,467 2,374,126 (1,902,439) 639,383 29,339,537
Balance, beginning at Dec. 31, 2011    28,390,929 3,491,678 (1,902,439) 2,013,701 31,993,869
Net income       890,726       890,726
Other comprehensive Income             (160,615) (160,615)
Exercise of stock options    171          171
Stock-based compensation expense    17,943          17,943
Cash dividends (per common share)       (488,946)       (488,946)
Balance, ending at Mar. 31, 2012    $ 28,409,043 $ 3,893,458 $ (1,902,439) $ 1,853,086 $ 32,253,148