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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Beginning Balance at Dec. 31, 2020 $ 28,706,089 $ 0 $ 1,138,096 $ 447,134 $ 31,042,957 $ (3,922,098)
Common Stock Shares at Dec. 31, 2020     966,132      
Treasury Stock Shares at Dec. 31, 2020           171,964
Net income 540,128       540,128  
Dividends declared (212,549)       (212,549)  
Ending Balance at Mar. 31, 2021 29,033,668 0 $ 1,138,096 447,134 31,370,536 $ (3,922,098)
Common Stock Shares at Mar. 31, 2021     966,132      
Treasury Stock Shares at Mar. 31, 2021           171,964
Beginning Balance at Dec. 31, 2020 28,706,089 0 $ 1,138,096 447,134 31,042,957 $ (3,922,098)
Common Stock Shares at Dec. 31, 2020     966,132      
Treasury Stock Shares at Dec. 31, 2020           171,964
Net income 1,032,294          
Ending Balance at Sep. 30, 2021 29,100,736 0 $ 1,138,096 447,134 31,437,604 $ (3,922,098)
Common Stock Shares at Sep. 30, 2021     966,132      
Treasury Stock Shares at Sep. 30, 2021           171,964
Beginning Balance at Mar. 31, 2021 29,033,668 0 $ 1,138,096 447,134 31,370,536 $ (3,922,098)
Common Stock Shares at Mar. 31, 2021     966,132      
Treasury Stock Shares at Mar. 31, 2021           171,964
Net income 319,507       319,507  
Dividends declared (212,549)       (212,549)  
Ending Balance at Jun. 30, 2021 29,140,626 0 $ 1,138,096 447,134 31,477,494 $ (3,922,098)
Common Stock Shares at Jun. 30, 2021     966,132      
Treasury Stock Shares at Jun. 30, 2021           171,964
Net income 172,659       172,659  
Dividends declared (212,549)       (212,549)  
Ending Balance at Sep. 30, 2021 29,100,736 0 $ 1,138,096 447,134 31,437,604 $ (3,922,098)
Common Stock Shares at Sep. 30, 2021     966,132      
Treasury Stock Shares at Sep. 30, 2021           171,964
Beginning Balance at Dec. 31, 2021 $ 28,969,365 0 $ 1,138,096 447,134 31,306,233 $ (3,922,098)
Common Stock Shares at Dec. 31, 2021 966,132   966,132      
Treasury Stock Shares at Dec. 31, 2021           171,964
Net income $ 447,313       447,313  
Dividends declared (212,549)       (212,549)  
Ending Balance at Mar. 31, 2022 29,204,129 0 $ 1,138,096 447,134 31,540,997 $ (3,922,098)
Common Stock Shares at Mar. 31, 2022     966,132      
Treasury Stock Shares at Mar. 31, 2022           171,964
Beginning Balance at Dec. 31, 2021 $ 28,969,365 0 $ 1,138,096 447,134 31,306,233 $ (3,922,098)
Common Stock Shares at Dec. 31, 2021 966,132   966,132      
Treasury Stock Shares at Dec. 31, 2021           171,964
Net income $ 4,180,277          
Ending Balance at Sep. 30, 2022 $ 32,511,995 0 $ 1,138,096 447,134 34,848,863 $ (3,922,098)
Common Stock Shares at Sep. 30, 2022 966,132   966,132      
Treasury Stock Shares at Sep. 30, 2022           171,964
Beginning Balance at Mar. 31, 2022 $ 29,204,129 0 $ 1,138,096 447,134 31,540,997 $ (3,922,098)
Common Stock Shares at Mar. 31, 2022     966,132      
Treasury Stock Shares at Mar. 31, 2022           171,964
Net income 153,904       153,904  
Dividends declared (212,549)       (212,549)  
Ending Balance at Jun. 30, 2022 29,145,484 0 $ 1,138,096 447,134 31,482,352 $ (3,922,098)
Common Stock Shares at Jun. 30, 2022     966,132      
Treasury Stock Shares at Jun. 30, 2022           171,964
Net income 3,579,060       3,579,060  
Dividends declared (212,549)       (212,549)  
Ending Balance at Sep. 30, 2022 $ 32,511,995 $ 0 $ 1,138,096 $ 447,134 $ 34,848,863 $ (3,922,098)
Common Stock Shares at Sep. 30, 2022 966,132   966,132      
Treasury Stock Shares at Sep. 30, 2022           171,964