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Earnings per Common Share | 12 Months Ended
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Dec. 31, 2015
Earnings Per Share [Abstract] |
Earnings Per Share [Text Block] | Note 13 – Earnings per Common Share Earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding. A reconciliation of the numerators and denominators of the basic earnings per common share and diluted earnings per common share computations for 2015 and 2014 is presented below.
|  | 2015 |  |  | 2014 |
Basic earnings per common share: |  |  |  |  |  |  |  |
Net income available to common stockholders |  | $ | 7,852,142 |  |  | $ | 7,393,779 |
Weighted-average common shares outstanding |  |  | 2,850,801 |  |  |  | 2,844,033 |
Basic earnings per common share |  | $ | 2.75 |  |  | $ | 2.60 |
Diluted earnings per common share: |  |  |  |  |  |  |  |
Net income available to common stockholders |  | $ | 7,852,142 |  |  | $ | 7,393,779 |
Weighted-average common shares outstanding |  |  | 2,850,801 |  |  |  | 2,844,033 |
Weighted-average common and dilutive potential common shares outstanding |  |  | 2,850,801 |  |  |  | 2,844,033 |
Diluted earnings per common share |  | $ | 2.75 |  |  | $ | 2.60 |
There were 750 anti-dilutive shares outstanding at both December 31, 2015 and 2014.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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