| Earnings Per Share [Text Block] |
10. EARNINGS PER COMMON SHARE
The following table sets forth the computation of basic and diluted earnings per share.
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Three Months Ended |
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Six Months Ended |
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June 30, |
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June 30, |
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2025 |
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2024 |
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2025 |
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2024 |
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| Earnings Per Share - Basic |
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| Net Income |
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$ |
5,129,849 |
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$ |
3,283,456 |
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$ |
8,260,884 |
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$ |
6,280,341 |
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| Weighted average shares of common stock outstanding - Basic |
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3,551,932 |
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3,540,656 |
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3,550,131 |
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3,536,834 |
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| Earnings Per Share - Basic |
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$ |
1.44 |
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$ |
0.93 |
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$ |
2.33 |
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$ |
1.78 |
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| Earnings Per Share - Diluted |
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| Weighted average shares of common stock outstanding - Basic |
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3,551,932 |
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3,540,656 |
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3,550,131 |
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3,536,834 |
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| Unvested Restricted Stock Awards |
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7,785 |
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11,857 |
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5,224 |
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8,639 |
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| Weighted average shares of common stock - Diluted |
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3,559,717 |
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3,552,513 |
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3,555,355 |
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3,545,473 |
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| Earnings Per Share - Diluted |
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$ |
1.44 |
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$ |
0.92 |
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$ |
2.32 |
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$ |
1.77 |
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