Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.3.0.814
Earnings Per Share
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
(4) Earnings Per Share

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
   
Nine months
 
   
ended September 30,
   
ended September 30,
 
   
2015
   
2014
   
2015
   
2014
 
                 
Basic weighted average common shares outstanding
   
5,374,863
     
5,355,968
     
5,373,159
     
5,353,065
 
Effect of dilutive shares
   
21,311
     
16,027
     
15,970
     
15,159
 
Diluted weighted average common shares outstanding
   
5,396,174
     
5,371,995
     
5,389,129
     
5,368,224