v3.26.3
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
Total
Common Stock
Preferred Stock
Additional paid-in capital
Retained earnings
AOCI
Treasury stocks
Balance, amount at Dec. 31, 2024 $ 98,048,205 $ 14,522,588 $ 1,500,000 $ 38,801,755 $ 61,623,460 $ (15,776,821) $ (2,622,777)
Issuance of common stock 363,539 53,085   310,454      
Cash dividends declared common stock (1,343,515)       (1,343,515)    
Cash dividends declared preferred stock (28,125)       (28,125)    
Shares purchased through stock buyback plan (35,380)           (35,380)
Net income 3,525,455       3,525,455    
Other comprehensive income 2,374,851         2,374,851  
Balance, amount at Mar. 31, 2025 102,905,030 14,575,673 1,500,000 39,112,209 63,777,275 (13,401,970) (2,658,157)
Balance, amount at Dec. 31, 2024 98,048,205 14,522,588 1,500,000 38,801,755 61,623,460 (15,776,821) (2,622,777)
Net income 12,332,018            
Other comprehensive income 5,244,299            
Balance, amount at Sep. 30, 2025 111,880,342 14,667,613 1,500,000 39,725,620 69,843,878 (10,532,522) (3,324,247)
Balance, amount at Mar. 31, 2025 102,905,030 14,575,673 1,500,000 39,112,209 63,777,275 (13,401,970) (2,658,157)
Issuance of common stock 352,142 46,397   305,745      
Cash dividends declared common stock (1,346,706)       (1,346,706)    
Cash dividends declared preferred stock (28,125)       (28,125)    
Shares purchased through stock buyback plan (512,838)           (512,838)
Net income 4,059,776       4,059,776    
Other comprehensive income 914,128         914,128  
Balance, amount at Jun. 30, 2025 106,343,407 14,622,070 1,500,000 39,417,954 66,462,220 (12,487,842) (3,170,995)
Issuance of common stock 353,209 45,543   307,666      
Cash dividends declared common stock (1,337,004)       (1,337,004)    
Cash dividends declared preferred stock (28,125)       (28,125)    
Shares purchased through stock buyback plan (153,252)           (153,252)
Net income 4,746,787       4,746,787    
Other comprehensive income 1,955,320         1,955,320  
Balance, amount at Sep. 30, 2025 111,880,342 14,667,613 $ 1,500,000 39,725,620 69,843,878 (10,532,522) (3,324,247)
Balance, amount at Dec. 31, 2025 113,686,978 14,705,665   40,076,561 73,021,908 (9,611,137) (4,506,019)
Issuance of common stock 370,726 36,788   333,938      
Cash dividends declared common stock (1,393,291)       (1,393,291)    
Shares purchased through stock buyback plan (26,633)           (26,633)
Net income 4,369,102       4,369,102    
Other comprehensive income (164,132)         (164,132)  
Balance, amount at Mar. 31, 2026 116,842,750 14,742,453   40,410,499 75,997,719 (9,775,269) (4,532,652)
Balance, amount at Dec. 31, 2025 113,686,978 14,705,665   40,076,561 73,021,908 (9,611,137) (4,506,019)
Net income 14,147,501            
Other comprehensive income (3,858,813)            
Balance, amount at Sep. 30, 2026 120,805,794 14,777,400   41,108,926 82,922,070 (13,469,950) (4,532,652)
Balance, amount at Mar. 31, 2026 116,842,750 14,742,453   40,410,499 75,997,719 (9,775,269) (4,532,652)
Issuance of common stock 359,729 13,215   346,514      
Cash dividends declared common stock (1,397,813)       (1,397,813)    
Net income 4,687,784       4,687,784    
Other comprehensive income 401,564         401,564  
Balance, amount at Jun. 30, 2026 120,894,014 14,755,668   40,757,013 79,287,690 (9,373,705) (4,532,652)
Issuance of common stock 373,645 21,732   351,913      
Cash dividends declared common stock (1,456,235)       (1,456,235)    
Net income 5,090,615       5,090,615    
Other comprehensive income (4,096,245)         (4,096,245)  
Balance, amount at Sep. 30, 2026 $ 120,805,794 $ 14,777,400   $ 41,108,926 $ 82,922,070 $ (13,469,950) $ (4,532,652)