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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      1,417,393     1,417,393
Other comprehensive Income          835,441 835,441
Exercise of stock options    117,724       117,724
Stock-based compensation expense    21,964       21,964
Cash dividends (per common share)      (887,679)     (887,679)
Balance, ending at Jun. 30, 2011    28,342,627 2,697,641 (1,902,439) 1,085,896 30,223,725
Balance, beginning at Dec. 31, 2011    28,390,929 3,491,678 (1,902,439) 2,013,701 31,993,869
Net income      1,780,993     1,780,993
Other comprehensive Income          259,251 259,251
Exercise of stock options    11,094       11,094
Stock-based compensation expense    35,886       35,886
Cash dividends (per common share)      (978,033)     (978,033)
Balance, ending at Jun. 30, 2012    $ 28,437,909 $ 4,294,638 $ (1,902,439) $ 2,272,952 $ 33,103,060