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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Schedule of earnings per share
Earnings per share are calculated as follows:

 
 
December 31,
 
 
2016
 
2015
Basic earnings per share
 
 
 
 
 
 
 
 
 
Income available to common shareholder
 
$
2,835,200

 
$
1,044,304

 
 
 
 
 
Weighted average shares outstanding
 
4,934,431

 
4,895,367

 
 
 
 
 
Basic earnings per share
 
$
0.57

 
$
0.21

 
 
 
 
 
Diluted earnings per share
 
 

 
 

 
 
 
 
 
Income available to common shareholder
 
$
2,835,200

 
$
1,044,304

 
 
 
 
 
Weighted average shares outstanding
 
4,934,431

 
4,895,367

Dilutive effect of stock options and restricted stock
 
132,283

 
51,008

 
 
 
 
 
Total weighted average shares outstanding
 
5,066,714

 
4,946,375

 
 
 
 
 
Diluted earnings per share
 
$
0.56

 
$
0.21