Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Basic earnings per share ("EPS") have been computed by dividing net income by the weighted average number of shares of common stock outstanding during each period. Shares issued during the period are weighted for the portion of the period that they were outstanding. Our calculation of diluted earnings per common share includes the dilutive effects for the assumed vesting of restricted stock awards.

 
 
Three Months ended March 31,
 
 
2013
 
2012
 
 
 
 
 
Basic weighted average common shares outstanding
 
5,317,387
 
5,267,098
 
 
 
 
 
Effect of dilutive restricted stock awards
 
  12,088
 
  25,434
 
 
 
 
 
Diluted weighted average common shares outstanding
 
5,329,475
 
5,292,532