Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.2.0.727
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
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
   
Six months
 
   
ended June 30,
   
ended June 30,
 
   
2015
   
2014
   
2015
   
2014
 
                 
Basic weighted average common shares outstanding
   
5,374,863
     
5,355,698
     
5,372,293
     
5,351,589
 
Effect of dilutive shares
   
15,958
     
12,468
     
13,255
     
14,717
 
Diluted weighted average common shares outstanding
   
5,390,821
     
5,368,166
     
5,385,548
     
5,366,306