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Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2016 $ 13,106,845 $ 156,776,642 $ 118,616,901 $ (2,459,589) $ 286,040,799
Net income 9,184,965 9,184,965
Other comprehensive loss, net of tax 410,739 410,739
Common cash dividends declared (656,574) (656,574)
Issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan 3,573 83,091 86,664
Issuance of shares of common stock as s result of stock options exercised 44,284 630,290 674,574
Stock-based compensation expense 388,753 388,753
Restricted stock awards - shares of common stock 13,289 (13,289)
Exchange of shares of common stock in connection with stock options exercised and restricted stock vested (6,772) (283,518) (290,290)
Balance at Mar. 31, 2017 13,161,219 157,581,969 127,145,292 (2,048,850) 295,839,630
Balance at Dec. 31, 2017 13,918,168 189,077,550 151,962,661 (1,671,250) 353,287,129
Net income 10,549,961 10,549,961
Other comprehensive loss, net of tax (3,201,540) (3,201,540)
Impact of adoption of ASU 2016-01 666,900 (666,900)
Common cash dividends declared (833,730) (833,730)
Issuance of shares of common stock as a result of stock purchased under the Employee Stock Purchase Plan 2,669 100,262 102,931
Issuance of shares of common stock as s result of stock options exercised 13,074 192,522 205,596
Stock-based compensation expense 495,493 495,493
Restricted stock awards - shares of common stock 6,860 (6,860)
Exchange of shares of common stock in connection with stock options exercised and restricted stock vested (3,814) (174,109) (177,923)
Balance at Mar. 31, 2018 $ 13,936,957 $ 189,684,858 $ 162,345,792 $ (5,539,690) $ 360,427,917