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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Beginning Balance at Dec. 31, 2018 $ 52,332,411 $ 12,094,413 $ (14,235,190) $ 8,981,523 $ (2,057,985) $ (119,014) $ 47,549,650 $ 119,014
Beginning Balance, shares at Dec. 31, 2018   3,350,833            
Net income 5,513,608           $ 5,513,608  
Other comprehensive Income $ 189,129       $ 189,129      
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201802Member       us-gaap:AccountingStandardsUpdate201802Member   us-gaap:AccountingStandardsUpdate201802Member  
Stock compensation expense $ 968,467     968,467        
Distribution to shareholders (1,610,852)           $ (1,610,852)  
Cash settlement of stock options (1,687,782)     (1,687,782)        
Ending Balance at Dec. 31, 2019 55,704,981 $ 12,094,413 (14,235,190) 8,262,208 $ (1,987,870)   51,571,420  
Ending Balance, shares at Dec. 31, 2019   3,350,833            
Net income 8,098,766           8,098,766  
Other comprehensive Income 1,161,903       1,161,903      
Stock compensation expense 1,259,079     1,259,079        
Distribution to shareholders (1,636,934)           (1,636,934)  
Issuance of common stock 59,754 $ 6,250   53,504        
Issuance of common stock (shares)   2,500            
Cash settlement of stock options (1,644,118)     (1,644,118)        
Purchase of treasury stock $ (286,988)   (286,988)          
Purchase of treasury stock (shares) (14,420) (14,420)            
Ending Balance at Dec. 31, 2020 $ 62,716,443 $ 12,100,663 $ (14,522,178) $ 7,930,673 $ (825,967)   $ 58,033,252  
Ending Balance, shares at Dec. 31, 2020   3,338,913