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Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - 3 months ended Mar. 31, 2016 - USD ($)
Preferred Stock
Common Stock
Capital in Excess of Par
Accumulated Other Comprehensive Income
Retained Earnings
Treasury Stock
Total
Beginning Balance, Shares at Dec. 31, 2015 0 8,289,606       960,969  
Beginning Balance, Amount at Dec. 31, 2015 $ 0 $ 82,896 $ 32,987,082 $ 484,220 $ 13,605,225 $ (1,882,195) $ 45,277,228
Stock-based compensation     32,234       32,234
Acquisition of treasury stock, Shares           11,500  
Acquisition of treasury stock, Amount           $ (95,881) (95,881)
Dividends         (457,603)   (457,603)
Net income         541,032   541,032
Change in unrealized gains on available-for-sale securities, net of tax       926,394     926,394
Ending Balance, Shares at Mar. 31, 2016 0 8,289,606       972,469  
Ending Balance, Amount at Mar. 31, 2016 $ 0 $ 82,896 $ 33,019,316 $ 1,410,614 $ 13,688,654 $ (1,978,076) $ 46,223,404