Income Per Common Share (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Schedule of reconciliation of average shares outstanding

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

	Three Months Ended September 30,
	2017		2016
Net income	$	1,440,653	$	1,426,338
Weighted average shares outstanding - basic		4,978,515		4,931,185
Effect of dilutive shares		89,046		123,538
Weighted average shares outstanding - diluted		5,067,561		5,054,723
Earnings per share - basic	$	0.29	$	0.29
Earnings per share - diluted	$	0.28	$	0.28

	Nine Months Ended September 30,
	2017		2016
Net income	$	4,053,126	$	3,934,183
Weighted average shares outstanding - basic		4,969,617		4,929,977
Effect of dilutive shares		89,341		128,860
Weighted average shares outstanding - diluted		5,058,958		5,058,837
Earnings per share - basic	$	0.82	$	0.80
Earnings per share - diluted	$	0.80	$	0.78