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Presentation of Financial Information (Tables)
9 Months Ended
Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following is a summary of the basic and diluted earnings per share for the three and nine month periods ended September 30, 2015 and September 30, 2014.
 
 
 
Three Months Ended September 30,
 
 
 
2015
 
2014
 
Net income (loss) available to common shareholders
 
$
(106,909)
 
$
675,207
 
Weighted average common shares outstanding
 
 
3,936,638
 
 
3,111,815
 
Effect of dilutive stock options
 
 
307,215
 
 
194,545
 
Diluted shares
 
 
4,243,853
 
 
3,306,360
 
Basic earnings (loss) per common share
 
$
(0.03)
 
$
0.22
 
Diluted earnings (loss) per common share
 
$
(0.03)
 
$
0.20
 
 
 
 
Nine Months Ended September 30,
 
 
 
2015
 
2014
 
Net income available to common shareholders
 
$
237,585
 
$
1,386,178
 
Weighted average common shares outstanding
 
 
3,391,274
 
 
3,111,055
 
Effect of dilutive stock options
 
 
307,548
 
 
194,545
 
Diluted shares
 
 
3,698,822
 
 
3,305,600
 
Basic earnings per common share
 
$
0.07
 
$
0.45
 
Diluted earnings per common share
 
$
0.06
 
$
0.42