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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
AOCI Attributable to Parent [Member]
Total
Beginning balance, value 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          
Net income   1,810,075 1,810,075
Other comprehensive income (loss)   (2,343,977) (2,343,977)
Stock option exercises   39,589 (8,344) 31,245
Stock option exercises (in shares) 4,147          
Stock-based compensation expense   22,997 22,997
Cash dividends   (1,491,646) (1,491,646)
Ending balance, value 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, value 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          
Net income           5,205,696
Other comprehensive income (loss)           (2,608,793)
Ending balance, value at Sep. 30, 2021   47,653,641 10,525,556 (2,817,392) (938,927) 54,422,878
Ending balance (in shares) at Sep. 30, 2021 5,536,661          
Beginning balance, value 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 (loss)   614,215 614,215
Stock option exercises   103,495 (21,150) 82,345
Stock option exercises (in shares) 9,383          
Stock-based compensation expense   29,648 29,648
Cash dividends   (940,781) (940,781)
Ending balance, value 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          
Net income   1,726,937 1,726,937
Other comprehensive income (loss)   (879,031) (879,031)
Stock option exercises   24,438 24,438
Stock option exercises (in shares) 2,662          
Stock-based compensation expense   28,605 28,605
Cash dividends   (941,232) (941,232)
Ending balance, value at Sep. 30, 2021   47,653,641 10,525,556 (2,817,392) (938,927) 54,422,878
Ending balance (in shares) at Sep. 30, 2021 5,536,661          
Beginning balance, value at Dec. 31, 2021   47,745,285 11,122,710 (2,817,392) (2,132,970) $ 53,917,633
Beginning balance (in shares) at Dec. 31, 2021 5,541,266         5,541,266
Net income   1,464,106 $ 1,464,106
Other comprehensive income (loss)   (9,649,453) (9,649,453)
Stock option exercises   141,618 141,618
Stock option exercises (in shares) 9,210          
Stock-based compensation expense   27,989 27,989
Cash dividends   (943,580) (943,580)
Ending balance, value at Mar. 31, 2022   47,914,892 11,643,236 (2,817,392) (11,782,423) 44,958,313
Ending balance (in shares) at Mar. 31, 2022 5,550,476          
Beginning balance, value at Dec. 31, 2021   47,745,285 11,122,710 (2,817,392) (2,132,970) $ 53,917,633
Beginning balance (in shares) at Dec. 31, 2021 5,541,266         5,541,266
Net income           $ 4,847,355
Other comprehensive income (loss)           (20,172,509)
Ending balance, value at Sep. 30, 2022   47,997,431 13,138,685 (2,817,392) (22,305,479) $ 36,013,245
Ending balance (in shares) at Sep. 30, 2022 5,552,351         5,552,351
Beginning balance, value at Mar. 31, 2022   47,914,892 11,643,236 (2,817,392) (11,782,423) $ 44,958,313
Beginning balance (in shares) at Mar. 31, 2022 5,550,476          
Net income   1,542,982 1,542,982
Other comprehensive income (loss)   (3,991,447) (3,991,447)
Stock option exercises   20,022 20,022
Stock option exercises (in shares) 1,875          
Stock-based compensation expense   31,258 31,258
Cash dividends   (943,900) (943,900)
Ending balance, value at Jun. 30, 2022   47,966,172 12,242,318 (2,817,392) (15,773,870) 41,617,228
Ending balance (in shares) at Jun. 30, 2022 5,552,351          
Net income   1,840,267 1,840,267
Other comprehensive income (loss)   (6,531,609) (6,531,609)
Stock-based compensation expense 31,259 31,259
Cash dividends   (943,900) (943,900)
Ending balance, value at Sep. 30, 2022   $ 47,997,431 $ 13,138,685 $ (2,817,392) $ (22,305,479) $ 36,013,245
Ending balance (in shares) at Sep. 30, 2022 5,552,351         5,552,351