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Consolidated Statement of Stockholders' Equity - USD ($)
Preferred Stock
Common Stock
Capital in Excess of Par
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Treasury Stock
Total
Beginning Balance, Amount at Dec. 31, 2013 $ 0 $ 81,860 $ 32,692,568 $ 305,219 $ 4,187,209 $ (1,557,445) $ 35,709,411
Beginning Balance, Shares at Dec. 31, 2013 0 8,186,031       919,458  
Stock-based compensation, Shares    
Stock-based compensation, Amount $ 171,876 171,876
Exercise of stock options, Shares 66,229  
Exercise of stock options, Amount $ 663 $ 5,214 5,877
Shares deducted from exercise of stock options for payment of withholding taxes, Shares (17,165)  
Shares deducted from exercise of stock options for payment of withholding taxes, Amount $ (172) $ (133,246) (133,418)
Excess tax benefit from exercise of stock options   $ 136,971 136,971
Tax benefit from exercise of stock options            
Acquisition of treasury stock, Amount $ (46,728) (46,728)
Acquisition of treasury stock, Shares 6,880  
Dividends $ (1,312,625)   (1,312,625)
Net income $ 5,328,419 5,328,419
Change in unrealized gains (losses) on available for sale securities, net of tax   $ 641,113 641,113
Ending Balance, Amount at Dec. 31, 2014 $ 0 $ 82,351 $ 32,873,383 946,332 $ 8,203,003 $ (1,604,173) 40,500,896
Ending Balance, Shares at Dec. 31, 2014 0 8,235,095       926,338  
Stock-based compensation, Amount     134,185       134,185
Exercise of stock options, Shares   85,266          
Exercise of stock options, Amount   $ 853 (853)        
Shares deducted from exercise of stock options for payment of withholding taxes, Shares   (30,755)          
Shares deducted from exercise of stock options for payment of withholding taxes, Amount   $ (308) (243,354)       (243,662)
Excess tax benefit from exercise of stock options     223,721       223,721
Acquisition of treasury stock, Amount           $ (278,022) (278,022)
Acquisition of treasury stock, Shares           34,631  
Dividends         (1,557,398)   (1,557,398)
Net income         6,959,620   6,959,620
Change in unrealized gains (losses) on available for sale securities, net of tax       (462,112)     (462,112)
Ending Balance, Amount at Dec. 31, 2015 $ 0 $ 82,896 $ 32,987,082 $ 484,220 $ 13,605,225 $ (1,882,195) $ 45,277,228
Ending Balance, Shares at Dec. 31, 2015 0 8,289,606       960,969