INCOME PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2014

Income Per Common Share Tables

Schedule of weighted average number of shares outstanding

The following is a summary of the reconciliation of average shares outstanding for the years ended December 31:

	2014				2013				2012
	Basic		Diluted		Basic		Diluted		Basic		Diluted
Weighted average shares outstanding		4,461,388		4,461,388		4,452,642		4,452,642		4,445,738		4,445,738
Effect of dilutive shares:
Stock options		—		114,677		—		9,311		—		—
Average shares outstanding		4,461,388		4,576,065		4,452,642		4,461,953		4,445,738		4,445,738