Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings per common share

	Three Months Ended March 31,
	2020		2019
Earnings per common share –Basic and Diluted
Net income	$	626,881	$	715,170
Weighted average number of common shares outstanding		9,444,834		9,363,368
Earnings per common share – Basic	$	0.07	$	0.08
Earnings per common share – Diluted
Net income	$	626,881	$	715,170
Weighted average number of common shares outstanding		9,444,834		9,363,368
Dilutive effect of outstanding stock options		7,265		10,962
Weighted average number of common shares outstanding – Diluted		9,452,099		9,374,330
Earnings per common share – Diluted	$	0.07	$	0.08