Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited)

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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - 6 months ended Jun. 30, 2019 - USD ($)
Total
Common Stock
Paid in Capital
Retained Earnings
Beginning Balances at Dec. 31, 2018 $ 37,205,876 $ 76,926 $ 33,961,903 $ 3,167,047
Beginning Balance, shares at Dec. 31, 2018 7,692,624 7,692,624    
Restricted stock grants issued   $ 414 (414)  
Restricted stock grants issued, Shares   41,343    
Restricted stock grant forfeitures   $ (47) 47  
Restricted stock grant forfeitures, Shares   (4,637)    
Compensation expense related to stock-based awards $ 105,890   105,890  
Net income 324,668     324,668
Dividends (1,005,701)     (1,005,701)
Ending Balance at Jun. 30, 2019 $ 36,630,733 $ 77,293 $ 34,067,426 $ 2,486,014
Ending Balance, shares at Jun. 30, 2019 7,729,330 7,729,330