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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (unaudited) - USD ($)
Total
Common Stock
Additional Paid-in Capital
Retained Earnings / (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2016 $ 81,283,787 $ 67,499,310 $ 4,611,973 $ 9,387,470 $ (214,966)
Beginning balance, shares at Dec. 31, 2016   12,896,548      
Net income 4,608,756     4,608,756  
Stock issued under stock-based compensation plans 329,550 $ 329,550      
Stock issued under stock-based compensation plans, shares   149,285      
Stock-based compensation 403,099   403,099    
Change in unrealized loss on securities available for sale net of reclassifications and tax effects 113,051       113,051
Ending balance at Jun. 30, 2017 86,738,243 $ 67,828,860 5,015,072 13,996,226 (101,915)
Ending balance, shares at Jun. 30, 2017   13,045,833      
Beginning balance at Dec. 31, 2017 91,479,950 $ 67,925,860 5,279,991 18,623,952 (349,853)
Beginning balance, shares at Dec. 31, 2017   13,190,527      
Net income 7,007,303     7,007,303  
Stock issued under stock offering, net of expenses 22,572,589 $ 22,572,589      
Stock issued under stock offering, net of expenses, shares   2,300,000      
Stock issued under stock-based compensation plans 395,300 $ 395,300      
Stock issued under stock-based compensation plans, shares   138,688      
Stock-based compensation 439,899   439,899    
Change in unrealized loss on securities available for sale net of reclassifications and tax effects (501,921)       (501,921)
Ending balance at Jun. 30, 2018 $ 121,393,120 $ 90,893,749 $ 5,719,890 $ 25,631,255 $ (851,774)
Ending balance, shares at Jun. 30, 2018   15,629,215