Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings per common share

	Three Months Ended March 31,
	2021		2020
Earnings per common share –Basic
Net income	$	1,904,269	$	626,881
Weighted average number of common shares outstanding		9,481,799		9,444,834
Earnings per common share – Basic	$	0.20	$	0.07
Earnings per common share – Diluted
Net income	$	1,904,269	$	626,881
Weighted average number of common shares outstanding		9,481,799		9,444,834
Dilutive effect of outstanding stock options		-		7,265
Weighted average number of common shares outstanding – Diluted		9,481,799		9,452,099
Earnings per common share – Diluted	$	0.20	$	0.07