Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Schedule of income per common share

The following tables are a summary of the reconciliation of average shares outstanding:

	Three Months Ended June 30
	2017		2016
Net income	$	1,386,385	$	1,312,110
Weighted average shares outstanding - basic		4,967,907		4,929,722
Effect of dilutive shares		105,001		126,801
Weighted average shares outstanding - diluted		5,072,908		5,056,523
Earnings per share - basic	$	0.28	$	0.27
Earnings per share - diluted	$	0.27	$	0.26

	Six Months Ended June 30
	2017		2016
Net income	$	2,612,473	$	2,507,846
Weighted average shares outstanding - basic		4,965,094		4,923,266
Effect of dilutive shares		103,930		124,335
Weighted average shares outstanding - diluted		5,069,024		5,047,601
Earnings per share - basic	$	0.53	$	0.51
Earnings per share - diluted	$	0.52	$	0.50