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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
AOCI Attributable to Parent [Member]
Total
Beginning balance at Dec. 31, 2019   $ 47,131,034 $ 5,879,409 $ (2,325,225) $ 482,814 $ 51,168,032
Beginning balance (in shares) at Dec. 31, 2019 5,530,001          
Net income   1,521,131 1,521,131
Other comprehensive income   601,016 601,016
Stock option exercises, net of surrenders   4,489 4,489
Stock option exercises, net of surrenders (in shares) 362          
Stock-based compensation expense   16,418 16,418
Cash dividends   (884,859) (884,859)
Ending balance at Mar. 31, 2020   47,151,941 6,515,681 (2,325,225) 1,083,830 52,426,227
Ending balance (in shares) at Mar. 31, 2020 5,530,363          
Beginning balance at Dec. 31, 2019   47,131,034 5,879,409 (2,325,225) 482,814 51,168,032
Beginning balance (in shares) at Dec. 31, 2019 5,530,001          
Net income           3,022,204
Other comprehensive income           1,571,664
Ending balance at Jun. 30, 2020   47,290,003 7,131,796 (2,515,472) 2,054,528 53,960,855
Ending balance (in shares) at Jun. 30, 2020 5,530,682          
Beginning balance at Mar. 31, 2020   47,151,941 6,515,681 (2,325,225) 1,083,830 52,426,227
Beginning balance (in shares) at Mar. 31, 2020 5,530,363          
Net income   1,501,023 1,501,023
Other comprehensive income   970,698 970,698
Stock option exercises, net of surrenders   108,757 (41,697) 67,060
Stock option exercises, net of surrenders (in shares) 9,619          
Stock-based compensation expense   29,305 29,305
Repurchase of common shares   (148,550) (148,550)
Repurchase of common shares (in shares) (9,300)          
Cash dividends   (884,908) (884,908)
Ending balance at Jun. 30, 2020   47,290,003 7,131,796 (2,515,472) 2,054,528 53,960,855
Ending balance (in shares) at Jun. 30, 2020 5,530,682          
Beginning balance at Dec. 31, 2020   47,404,869 8,693,519 (2,787,898) 1,669,866 $ 54,980,356
Beginning balance (in shares) at Dec. 31, 2020 5,520,469         5,520,469
Net income   1,810,075 $ 1,810,075
Other comprehensive income   (2,343,977) (2,343,977)
Stock option exercises, net of surrenders   39,589 (8,344) 31,245
Stock option exercises, net of surrenders (in shares) 4,147          
Stock-based compensation expense   22,997 22,997
Cash dividends   (1,491,646) (1,491,646)
Ending balance at Mar. 31, 2021   47,467,455 9,011,948 (2,796,242) (674,111) 53,009,050
Ending balance (in shares) at Mar. 31, 2021 5,524,616          
Beginning balance at Dec. 31, 2020   47,404,869 8,693,519 (2,787,898) 1,669,866 $ 54,980,356
Beginning balance (in shares) at Dec. 31, 2020 5,520,469         5,520,469
Net income           $ 3,478,759
Other comprehensive income           (1,729,762)
Ending balance at Jun. 30, 2021   47,600,598 9,739,851 (2,817,392) (59,896) $ 54,463,161
Ending balance (in shares) at Jun. 30, 2021 5,533,999         5,533,999
Beginning balance at Mar. 31, 2021   47,467,455 9,011,948 (2,796,242) (674,111) $ 53,009,050
Beginning balance (in shares) at Mar. 31, 2021 5,524,616          
Net income   1,668,684 1,668,684
Other comprehensive income   614,215 614,215
Stock option exercises, net of surrenders   103,495 (21,150) 82,345
Stock option exercises, net of surrenders (in shares) 9,383          
Stock-based compensation expense   29,648 29,648
Cash dividends   (940,781) (940,781)
Ending balance at Jun. 30, 2021   $ 47,600,598 $ 9,739,851 $ (2,817,392) $ (59,896) $ 54,463,161
Ending balance (in shares) at Jun. 30, 2021 5,533,999         5,533,999