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Consolidated Statement of Stockholders' Equity - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2013 $ 11,983,790 $ 678,360 $ 57,655,031 $ (61,225,185) $ 43,769,485 $ (2,506,248) $ 50,355,233
Net income 5,782,696 5,782,696
Change in unrealized gain (loss) on available-for-sale securities, net of income taxes 2,057,827 2,057,827
Preferred stock redeemed (12,000,000) (12,000,000)
Preferred stock discount accretion 16,210 (16,210)
Preferred stock dividends (5%) (338,000) (338,000)
Dividends on common stock (648,280) (648,280)
Stock award plans (644,722) 886,911 242,189
Stock options exercised 3,960 206,910 210,870
Proceeds from issuance of common stock (6,850,673) 22,664,985 15,814,312
Balance at Dec. 31, 2014 682,320 50,366,546 (37,673,289) 48,549,691 (448,421) 61,476,847
Net income 5,716,767 5,716,767
Change in unrealized gain (loss) on available-for-sale securities, net of income taxes (235,535) (235,535)
Dividends on common stock (1,008,332) (1,008,332)
Stock award plans (108,631) 394,220 285,589
Stock options exercised 3,580 183,549 187,129
Balance at Dec. 31, 2015 685,900 50,441,464 (37,279,069) 53,258,126 (683,956) 66,422,465
Net income 5,594,011 5,594,011
Change in unrealized gain (loss) on available-for-sale securities, net of income taxes (625,285) (625,285)
Dividends on common stock (1,504,855) (1,504,855)
Stock award plans 26,463 347,319 373,782
Stock options exercised 1,650 84,150 85,800
Balance at Dec. 31, 2016 687,550 50,552,077 (37,303,288) 57,347,282 (1,309,241) 69,974,380
Treasury stock purchased $ (371,538) $ (371,538)