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Income Per Common Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
The following table is a summary of the reconciliation of weighted average shares outstanding:

 The following table is a summary of the reconciliation of weighted average shares outstanding:

 

               
   Three Months Ended March 31, 
   2022   2021 
Net income  $1,464,106   $1,810,075 
           
Weighted average shares outstanding   5,544,546    5,521,707 
Effect of dilutive shares   144,073    163,444 
Weighted average shares outstanding - diluted   5,688,619    5,685,151 
           
Earnings per share - basic  $0.26   $0.33 
Earnings per share - diluted  $0.26   $0.32