COMMON STOCK AND EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2018

COMMON STOCK AND EARNINGS PER SHARE

Schedule of computation of earnings per share

		Three Months Ended				Six Months Ended
	June 30, 2018		June 30, 2017		June 30, 2018		June 30, 2017
Income Available to Common Shareholders:
Net Income	$	14,162,908	$	3,678,908	$	25,075,207	$	16,425,300
Weighted Average Shares Outstanding		5,529,360		5,531,444		5,530,108		5,566,595
Common Shares Applicable to Stock
Options Using the Treasury Stock Method		—		14,008		31,683		16,463
Total Shares Applicable to Diluted Earnings Per Share		5,529,360		5,545,452		5,561,791		5,583,058
Per Share Information:
Basic
Net Income	$	2.56	$	0.67	$	4.53	$	2.95
Diluted
Net Income	$	2.56	$	0.66	$	4.51	$	2.94