3. Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Schedule Of Earnings Per Share

	Three Months Ended March 31,
	2016		2015
Net income, as reported	$	1,169,494	$	1,109,841
Less: dividends to preferred shareholders		21,875		20,313
Net income available to common shareholders	$	1,147,619	$	1,089,528
Weighted average number of common shares
used in calculating earnings per share		5,000,144		4,938,500
Earnings per common share	$	0.23	$	0.22