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Condensed Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
Total
Preferred Stock
Common Stock
Treasury Stock
Capital in Excess of Par
Accumulated other comprehensive Income
Retained Earnings
Balance, shares at Dec. 31, 2018     11,775,148 1,027,439      
Balance, amount at Dec. 31, 2018 $ 88,665,642 $ 0 $ 117,751 $ (2,712,552) $ 67,763,940 $ (2,884,313) $ 26,380,816
Stock-based compensation 709,207 0 $ 0 0 709,207 0 0
Vesting of restricted stock awards, shares     31,546        
Vesting of restricted stock awards, amount 0 0 $ 314 0 (314) 0 0
Shares deducted from restricted stock awards for payment of withholding taxes, shares     (7,607)        
Shares deducted from restricted stock awards for payment of withholding taxes, amount (122,838) 0 $ (75) 0 (122,763) 0 0
Exercise of stock options, shares     3,000        
Exercise of stock options, amount 23,550 0 $ 30 0 23,520 0 0
Dividends (2,153,349) 0 0 0 0 0 (2,153,349)
Net income (5,695,810) 0 0 0 0 0 (5,695,810)
Change in unrealized gains on available-for-sale securities, net of tax 6,243,360 0 $ 0 $ 0 0 6,243,360 0
Balance, shares at Jun. 30, 2019     11,802,087 1,027,439      
Balance, amount at Jun. 30, 2019 87,669,762 0 $ 118,020 $ (2,712,552) 68,373,590 3,359,047 18,531,657
Balance, shares at Mar. 31, 2019     11,796,188 1,027,439      
Balance, amount at Mar. 31, 2019 83,775,171 0 $ 117,962 $ (2,712,552) 67,957,604 442,493 17,969,664
Stock-based compensation 399,325 0 $ 0 0 399,325 0 0
Vesting of restricted stock awards, shares     3,553        
Vesting of restricted stock awards, amount 0 0 $ 34 0 (34) 0 0
Shares deducted from restricted stock awards for payment of withholding taxes, shares     (654)        
Shares deducted from restricted stock awards for payment of withholding taxes, amount (6,831) 0 $ (6) 0 (6,825) 0 0
Exercise of stock options, shares     3,000        
Exercise of stock options, amount 23,550 0 $ 30 0 23,520 0 0
Dividends (1,077,387) 0 0 0 0 0 (1,077,387)
Net income 1,639,380 0 0 0 0 0 1,639,380
Change in unrealized gains on available-for-sale securities, net of tax 2,916,554 0 $ 0 $ 0 0 2,916,554 0
Balance, shares at Jun. 30, 2019     11,802,087 1,027,439      
Balance, amount at Jun. 30, 2019 87,669,762 0 $ 118,020 $ (2,712,552) 68,373,590 3,359,047 18,531,657
Balance, shares at Dec. 31, 2019     11,824,889 1,027,439      
Balance, amount at Dec. 31, 2019 88,221,581 0 $ 118,248 $ (2,712,552) 69,133,918 4,768,870 16,913,097
Stock-based compensation $ 942,387 0 $ 0 0 942,387 0 0
Vesting of restricted stock awards, shares (59,420)   60,896        
Vesting of restricted stock awards, amount $ 0 0 $ 607 0 (607) 0 0
Shares deducted from restricted stock awards for payment of withholding taxes, shares     (19,531)        
Shares deducted from restricted stock awards for payment of withholding taxes, amount (124,342) 0 $ (193) $ 0 (124,149) 0 0
Acquisition of treasury stock, shares       168,670      
Acquisition of treasury stock, amount (801,788) 0 0 $ (801,788) 0 0 0
Dividends (1,103,400) 0 0 0 0 0 (1,103,400)
Net income (836,013) 0 0 0 0 0 (836,013)
Change in unrealized gains on available-for-sale securities, net of tax 3,323,053 0 $ 0 $ 0 0 3,323,053 0
Balance, shares at Jun. 30, 2020     11,866,254 1,196,109      
Balance, amount at Jun. 30, 2020 89,621,478 0 $ 118,662 $ (3,514,340) 69,951,549 8,091,923 14,973,684
Balance, shares at Mar. 31, 2020     11,851,266 1,069,873      
Balance, amount at Mar. 31, 2020 76,862,719 0 $ 118,512 $ (2,955,276) 69,533,150 (626,601) 10,792,934
Stock-based compensation 454,937 0 $ 0 0 454,937 0 0
Vesting of restricted stock awards, shares     22,030        
Vesting of restricted stock awards, amount 0 0 $ 220 0 (220) 0 0
Shares deducted from restricted stock awards for payment of withholding taxes, shares     (7,042)        
Shares deducted from restricted stock awards for payment of withholding taxes, amount (36,388) 0 $ (70) $ 0 (36,318) 0 0
Acquisition of treasury stock, shares       126,236      
Acquisition of treasury stock, amount (559,064) 0 0 $ (559,064) 0 0 0
Dividends (427,440) 0 0 0 0 0 (427,440)
Net income 4,608,190 0 0 0 0 0 4,608,190
Change in unrealized gains on available-for-sale securities, net of tax 8,718,524 0 $ 0 $ 0 0 8,718,524 0
Balance, shares at Jun. 30, 2020     11,866,254 1,196,109      
Balance, amount at Jun. 30, 2020 $ 89,621,478 $ 0 $ 118,662 $ (3,514,340) $ 69,951,549 $ 8,091,923 $ 14,973,684