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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Reconciliation of net income to net income available to common shareholders
The following table provides a reconciliation of net income to net income available to common shareholders for the periods presented:
 
For the Three Months Ended September 30,
 
For the Nine Months Ended
September 30,
 
2013
 
2012
 
2013
 
2012
Earnings Available To Common Shareholders:
 
 
 
 
 
 
 
Net Income

$1,021,831

 

$669,790

 

$2,571,762

 

$1,830,465

Preferred Stock Dividends
110,000

 
110,000

 
330,000

 
330,000

Net Income Available To Common Shareholders

$911,831

 

$559,790

 

$2,241,762

 

$1,500,465