v3.26.1
Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
Common Stock
Additional Paid-In Capital
Retained Earnings
Other Comprehensive Income (Loss)
Total
Balance at Dec. 31, 2024 $ 121,131 $ 9,388,181 $ 212,310,977 $ (1,564,506) $ 220,255,783
Net income 17,591,198 17,591,198
Other comprehensive loss 403,620 403,620
Dividends paid to shareholders (2,002,079) (2,002,079)
Issuance of stock grants 1,797 (1,797)
Repurchase of stock (532) (980,268) (980,800)
Balance at Jun. 30, 2025 122,396 8,406,116 227,900,096 (1,160,886) 235,267,722
Balance at Mar. 31, 2025 122,396 8,406,116 219,000,504 (1,348,984) 226,180,031
Net income 8,899,592 8,899,592
Other comprehensive loss 188,098 188,098
Balance at Jun. 30, 2025 122,396 8,406,116 227,900,096 (1,160,886) 235,267,722
Balance at Dec. 31, 2025 136,980 38,376,658 247,505,096 (674,902) 285,343,832
Net income 19,750,104 19,750,104
Other comprehensive loss (42,619) (42,619)
Dividends paid to shareholders (2,739,928) (2,739,928)
Stock compensation 307,144 307,144
Issuance of stock related to restricted stock units (3,283 shares) 33 (33)
Balance at Jun. 30, 2026 137,013 38,683,769 264,515,272 (717,521) 302,618,533
Balance at Mar. 31, 2026 136,980 38,536,072 255,669,735 (825,044) 293,517,743
Net income 10,215,666 10,215,666
Other comprehensive loss 107,523 107,523
Dividends paid to shareholders (1,370,129) (1,370,129)
Stock compensation 147,730 147,730
Issuance of stock related to restricted stock units (3,283 shares) 33 (33)
Balance at Jun. 30, 2026 $ 137,013 $ 38,683,769 $ 264,515,272 $ (717,521) $ 302,618,533