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Earnings Per Common Share (Tables) | 12 Months Ended
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Dec. 31, 2019
Earnings Per Common Share |
Schedule of earnings per common share |
|  | Year Ended |
|  | December 31, |
|  | 2019 |  | 2018 |
Basic earnings per share: |  |  |  |  |  |  |
Net income |  | $ | 1,598,632 |  | $ | 1,582,604 |
Weighted average common shares outstanding |  |  | 2,821,608 |  |  | 2,808,031 |
Basic net income per share |  | $ | 0.57 |  | $ | 0.56 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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