XML 62 R5.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock
Common Stock
Capital in Excess of Par
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Treasury Stock
Total
Beginning Balance, Shares at Dec. 31, 2017 0 11,618,646       986,809  
Beginning Balance, Amount at Dec. 31, 2017 $ 0 $ 116,186 $ 68,380,390 $ 1,100,647 $ 27,152,822 $ (2,172,299) $ 94,577,746
Cumulative effect of adoption of updated accounting guidance for equity financial instruments at January 1, 2018       (414,242) 414,242   0
Beginning Balance, Shares, as adjusted 0 11,618,646       986,809  
Beginning Balance, Amount, as adjusted $ 0 $ 116,186 68,380,390 686,405 27,567,064 $ (2,172,299) 94,577,746
Stock-based compensation     481,812       481,812
Shares deducted from exercise of stock options for payment of withholding taxes, Shares 0 (33,891)          
Shares deducted from exercise of stock options for payment of withholding taxes, Amount $ 0 $ (337) (674,314)       (674,651)
Vesting of restricted stock awards, Shares 0 15,752          
Vesting of restricted stock awards, Amount $ 0 $ 155 (155)       0
Shares deducted from restricted stock awards for payment of withholding taxes, Shares 0 2,213          
Shares deducted from restricted stock awards for payment of withholding taxes, Amount $ 0 $ (24) (39,847)       (39,847)
Exercise of stock options, Shares 0 130,872          
Exercise of stock options, Amount $ 0 $ 1,311 72,828       74,139
Acquisition of treasury stock, Shares 0 0       40,630  
Acquisition of treasury stock, Amount $ 0 $ 0       $ (540,253) (540,253)
Dividends         (3,204,813)   (3,204,813)
Net income/(loss)         3,973,093   3,973,093
Change in unrealized gains/(losses) on available-for-sale securities, net of tax       (3,281,445)     (3,281,445)
Ending Balance, Shares at Sep. 30, 2018 0 11,729,166       1,027,439  
Ending Balance, Amount at Sep. 30, 2018 $ 0 $ 117,291 68,220,714 (2,595,040) 28,335,344 $ (2,712,552) 91,365,757
Beginning Balance, Shares at Jun. 30, 2018 0 11,685,904       1,024,444  
Beginning Balance, Amount at Jun. 30, 2018 $ 0 $ 116,859 68,347,784 (2,496,981) 25,471,668 $ (2,712,522) 88,726,808
Beginning Balance, Shares, as adjusted 0 11,685,904       1,024,444  
Beginning Balance, Amount, as adjusted $ 0 $ 116,859 68,347,784 (2,496,981) 25,471,668 $ (2,712,522) 88,726,808
Stock-based compensation     197,335       197,335
Shares deducted from exercise of stock options for payment of withholding taxes, Shares 0 (18,141)          
Shares deducted from exercise of stock options for payment of withholding taxes, Amount $ 0 $ (181) (332,702)       (332,883)
Vesting of restricted stock awards, Shares   4,866          
Vesting of restricted stock awards, Amount   $ 48 (48)       0
Shares deducted from restricted stock awards for payment of withholding taxes, Shares 0 (1,059)          
Shares deducted from restricted stock awards for payment of withholding taxes, Amount $ 0 $ (11) (18,339)       (18,350)
Exercise of stock options, Shares 0 57,596          
Exercise of stock options, Amount $ 0 $ 576 26,684       27,260
Acquisition of treasury stock, Shares           2,995  
Acquisition of treasury stock, Amount           $ (30) (30)
Dividends         (1,070,054)   (1,070,054)
Net income/(loss)         3,933,730   3,933,730
Change in unrealized gains/(losses) on available-for-sale securities, net of tax       (98,059)     (98,059)
Ending Balance, Shares at Sep. 30, 2018 0 11,729,166       1,027,439  
Ending Balance, Amount at Sep. 30, 2018 $ 0 $ 117,291 68,220,714 (2,595,040) 28,335,344 $ (2,712,552) 91,365,757
Beginning Balance, Shares at Dec. 31, 2018 0 11,775,148       1,027,439  
Beginning Balance, Amount at Dec. 31, 2018 $ 0 $ 117,751 67,763,940 (2,884,313) 26,380,816 $ (2,712,552) 88,665,642
Beginning Balance, Shares, as adjusted 0 11,775,148       1,027,439  
Beginning Balance, Amount, as adjusted $ 0 $ 117,751 67,763,940 (2,884,313) 26,380,816 $ (2,712,552) 88,665,642
Stock-based compensation     1,116,921       1,116,921
Vesting of restricted stock awards, Shares 0 43,596          
Vesting of restricted stock awards, Amount $ 0 $ 434 (434)       0
Shares deducted from restricted stock awards for payment of withholding taxes, Shares 0 (10,733)          
Shares deducted from restricted stock awards for payment of withholding taxes, Amount $ 0 $ (105) (148,173)       (148,278)
Exercise of stock options, Shares 0 3,000          
Exercise of stock options, Amount $ 0 $ 30 23,522       23,522
Dividends         (2,827,276)   (2,827,276)
Net income/(loss)         (7,420,972)   (7,420,972)
Change in unrealized gains/(losses) on available-for-sale securities, net of tax       7,326,029     7,326,029
Ending Balance, Shares at Sep. 30, 2019 0 11,811,011       1,027,439  
Ending Balance, Amount at Sep. 30, 2019 $ 0 $ 118,110 68,755,776 4,441,716 16,132,568 $ (2,712,552) 86,735,618
Beginning Balance, Shares at Jun. 30, 2019 0 11,802,087       1,027,439  
Beginning Balance, Amount at Jun. 30, 2019 $ 0 $ 118,020 68,373,590 3,359,047 18,531,657 $ (2,712,552) 87,669,762
Beginning Balance, Shares, as adjusted 0 11,802,087       1,027,439  
Beginning Balance, Amount, as adjusted $ 0 $ 118,020 68,373,590 3,359,047 18,531,657 $ (2,712,552) 87,669,762
Stock-based compensation       407,714     407,714
Vesting of restricted stock awards, Shares 0 12,050          
Vesting of restricted stock awards, Amount $ 0 $ 120 (120)       0
Shares deducted from restricted stock awards for payment of withholding taxes, Shares 0 (3,126)          
Shares deducted from restricted stock awards for payment of withholding taxes, Amount $ 0 $ (30) (25,408)       (25,438)
Dividends         (673,927)   (637,927)
Net income/(loss)         (1,725,162)   (1,725,162)
Change in unrealized gains/(losses) on available-for-sale securities, net of tax       1,082,669     1,082,669
Ending Balance, Shares at Sep. 30, 2019 0 11,811,011       1,027,439  
Ending Balance, Amount at Sep. 30, 2019 $ 0 $ 118,110 $ 68,755,776 $ 4,441,716 $ 16,132,568 $ (2,712,552) $ 86,735,618