CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) |
Common Stock [Member] |
Additional Paid-in Capital [Member] |
Retained Earnings [Member] |
Treasury Stock [Member] |
AOCI Attributable to Parent [Member] |
Total |
---|---|---|---|---|---|---|
Beginning balance, value at Dec. 31, 2019 | $ 47,131,034 | $ 5,879,409 | $ (2,325,225) | $ 482,814 | $ 51,168,032 | |
Beginning balance (in shares) at Dec. 31, 2019 | 5,530,001 | |||||
Net income | 6,460,631 | 6,460,631 | ||||
Other comprehensive gain (loss) | 1,187,052 | 1,187,052 | ||||
Stock option exercises, net of surrenders | 180,849 | (63,805) | $ 117,044 | |||
Stock option exercises, net of surrenders (in shares) | 15,535 | 19,298 | ||||
Stock-based compensation expense | 92,986 | $ 92,986 | ||||
Repurchase of common shares (in shares) | (25,067) | |||||
Repurchase of common shares | (398,868) | (398,868) | ||||
Cash dividends | (3,646,521) | (3,646,521) | ||||
Ending balance, value at Dec. 31, 2020 | 47,404,869 | 8,693,519 | (2,787,898) | 1,669,866 | 54,980,356 | |
Ending balance (in shares) at Dec. 31, 2020 | 5,520,469 | |||||
Net income | 6,744,865 | 6,744,865 | ||||
Other comprehensive gain (loss) | (3,802,836) | (3,802,836) | ||||
Stock option exercises, net of surrenders | 237,383 | (29,494) | $ 207,889 | |||
Stock option exercises, net of surrenders (in shares) | 20,797 | 22,305 | ||||
Stock-based compensation expense | 103,033 | $ 103,033 | ||||
Cash dividends | (4,315,674) | (4,315,674) | ||||
Ending balance, value at Dec. 31, 2021 | 47,745,285 | 11,122,710 | (2,817,392) | (2,132,970) | $ 53,917,633 | |
Ending balance (in shares) at Dec. 31, 2021 | 5,541,266 | 5,541,266 | ||||
Net income | 6,655,140 | $ 6,655,140 | ||||
Other comprehensive gain (loss) | (18,269,511) | (18,269,511) | ||||
Stock option exercises, net of surrenders | 161,731 | $ 161,731 | ||||
Stock option exercises, net of surrenders (in shares) | 11,085 | 11,085 | ||||
Stock-based compensation expense | 121,673 | $ 121,673 | ||||
Cash dividends | (3,775,279) | (3,775,279) | ||||
Ending balance, value at Dec. 31, 2022 | $ 48,028,689 | $ 14,002,571 | $ (2,817,392) | $ (20,402,481) | $ 38,811,387 | |
Ending balance (in shares) at Dec. 31, 2022 | 5,552,351 | 5,552,351 |
X | ||||||||||
- Definition Amount of increase (decrease) to additional paid-in capital (APIC) for recognition and exercise of award under share-based payment arrangement. No definition available.
|
X | ||||||||||
- Definition Amount of increase to additional paid-in capital (APIC) for recognition of cost for award under share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Amount after tax and reclassification adjustments of other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
X | ||||||||||
- Definition Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
X | ||||||||||
- Definition Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|