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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) (USD $)
Additional Paid In Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income
Total
Balance, beginning at Dec. 31, 2011 $ 28,390,929 $ 3,491,678 $ (1,902,439) $ 2,013,701 $ 34,426,524
Net income    1,780,993       1,780,993
Other comprehensive income due to unrealized gain on investment securities          259,251 259,251
Exercise of stock options 11,094          11,094
Stock-based compensation expense 35,886          35,886
Cash dividends    (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
Balance, beginning at Dec. 31, 2012 28,474,951 5,157,839 (1,902,439) 2,200,091 33,930,442
Net income    2,042,879       2,042,879
Other comprehensive income due to unrealized gain on investment securities          (577,705) (577,705)
Exercise of stock options 62,248          62,248
Stock-based compensation expense 36,952          36,952
Cash dividends    (1,068,292)       (1,068,292)
Balance, ending at Jun. 30, 2013 $ 28,574,151 $ 6,132,426 $ (1,902,439) $ 1,622,386 $ 34,426,524