INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Schedule of reconciliation of average shares outstanding

The following table is a summary of the reconciliation of average shares outstanding for the years ended December 31.

	2018		2017		2017
Numerator:
Net income	$	6,922,934	$	4,901,825	$	5,247,063
Denominator:
Weighted average shares outstanding		5,500,027		5,471,001		5,428,884
Effect of dilutive shares		88,985		97,492		132,855
Weighted average shares outstanding - diluted		5,589,012		5,568,493		5,561,739
Earnings per share - basic	$	1.26	$	0.90	$	0.97
Earnings per share - diluted	$	1.24	$	0.88	$	0.94