Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details)

v3.22.2
Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Jun. 30, 2021
Earnings Per Share [Abstract]            
Net income $ 404,200 $ 283,207 $ 861,299 $ 411,247 $ 687,407 $ 1,272,546
Earnings and dividends allocated to participating securities (6,174)   (6,895)   (11,711) (10,480)
Net income attributable to common stockholders $ 398,026   $ 854,404   $ 675,696 $ 1,262,066
Weighted average common shares outstanding:            
Average number of common shares outstanding - basic 10,767,619   9,363,981   10,714,565 9,328,432
Net effect of dilutive unvested restricted stock awards included for treasury stock method 57,141   38,498   59,078 42,503
Average number of common shares outstanding - diluted 10,824,760   9,402,479   10,773,643 9,370,935
Earnings per common share            
Basic $ 0.04   $ 0.09   $ 0.06 $ 0.14
Diluted $ 0.04   $ 0.09   $ 0.06 $ 0.13