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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Shares Outstanding [Member]
Additional Paid in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at beginning at Dec. 31, 2017   $ 37,236,566 $ 8,847,164 $ (2,247,415) $ (1,071,680) $ 42,764,635
Balance at beginning (in shares) at Dec. 31, 2017 4,989,279          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     6,922,934     6,922,934
Other comprehensive gain (loss)         (705,525) (705,525)
Stock option exercises, net of surrenders   214,418   (20,849)   $ 193,569
Stock option exercises, net of surrenders (in shares) 22,550         24,056
Stock-based compensation expense   72,408       $ 72,408
Cash dividends     (3,785,460)     (3,785,460)
Common stock dividend, 10%   9,334,342 (9,334,342)      
Common stock dividend, 10% (in shares) 499,088          
Balance at ending at Dec. 31, 2018   46,857,734 2,650,296 (2,268,264) (1,777,205) 45,462,561
Balance at ending (in shares) at Dec. 31, 2018 5,510,917          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     7,318,433     7,318,433
Other comprehensive gain (loss)         2,260,019 2,260,019
Stock option exercises, net of surrenders   195,247   (56,961)   $ 138,286
Stock option exercises, net of surrenders (in shares) 19,084         22,163
Stock-based compensation expense   78,053       $ 78,053
Cash dividends     (4,089,320)     (4,089,320)
Balance at ending at Dec. 31, 2019   47,131,034 5,879,409 (2,325,225) 482,814 $ 51,168,032
Balance at ending (in shares) at Dec. 31, 2019 5,530,001         5,530,001
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     6,460,631     $ 6,460,631
Other comprehensive gain (loss)         1,187,052 1,187,052
Stock option exercises, net of surrenders   180,849   (63,805)   $ 117,044
Stock option exercises, net of surrenders (in shares) 15,535         19,298
Stock-based compensation expense   92,986       $ 92,986
Repurchase of common shares       (398,868)   (398,868)
Repurchase of common shares (in shares) (25,067)          
Cash dividends     (3,646,521)     (3,646,521)
Balance at ending at Dec. 31, 2020   $ 47,404,869 $ 8,693,519 $ (2,787,898) $ 1,669,866 $ 54,980,356
Balance at ending (in shares) at Dec. 31, 2020 5,520,469         5,520,469