v3.26.1
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Preferred Stock Series A [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2024 $ 166 $ 3,001 $ 3,502,815 $ 3,845,715 $ 7,351,697
Beginning balance, shares at Dec. 31, 2024 166,000 3,001,216      
Dividends paid on preferred stock (29,050) (29,050)
Net income 335,829 335,829
Ending balance, value at Mar. 31, 2025 $ 166 $ 3,001 3,502,815 4,152,494 7,658,476
Ending balance, shares at Mar. 31, 2025 166,000 3,001,216      
Stock compensation 4,325 4,325
Dividends paid on preferred stock (29,050) (29,050)
Net income 258,087 258,087
Ending balance, value at Jun. 30, 2025 $ 166 $ 3,001 3,507,140 4,381,531 7,891,838
Ending balance, shares at Jun. 30, 2025 166,000 3,001,216      
Beginning balance, value at Dec. 31, 2025 $ 166 $ 3,001 3,513,577 4,943,475 8,460,219
Beginning balance, shares at Dec. 31, 2025 166,000 3,001,216      
Stock compensation 1,000 1,000
Retirement of treasury stock $ (1) (1)
Retirement of treasury stock, shares   (1,186)      
Retirement of repurchased common stock $ (60) (134,940) (135,000)
Retirement of repurchased common stock, shares   (60,000)      
Dividends paid on preferred stock (29,050) (29,050)
Net income 408,067 408,067
Ending balance, value at Mar. 31, 2026 $ 166 $ 2,940 3,514,577 5,187,552 8,705,235
Ending balance, shares at Mar. 31, 2026 166,000 2,940,030      
Stock compensation 1,000 1,000
Retirement of repurchased common stock $ (16) (35,984) (36,000)
Retirement of repurchased common stock, shares   (16,000)      
Treasury stock (1,100) (1,100)
Issuance of common stock $ 7 (7)
Issuance of common stock, shares   6,696      
Dividends paid on preferred stock (29,050) (29,050)
Net income 375,650 375,650
Ending balance, value at Jun. 30, 2026 $ 166 $ 2,931 $ 3,514,470 $ 5,498,168 $ 9,015,735
Ending balance, shares at Jun. 30, 2026 166,000 2,930,726