XML 50 R19.htm IDEA: XBRL DOCUMENT v3.2.0.727
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule of earnings per share computed based upon the weighted average common shares outstanding
   
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
   
2015
   
2014
   
2015
   
2014
 
             
 
Net income
 
$
1,548
   
$
1,141
   
$
3,001
   
$
2,206
 
Allocated to preferred stock
   
 
-
     
 
91
     
 
-
     
 
181
 
Allocated to participating securities
   
 
 
15
     
 
 
-
     
 
 
29
     
 
 
-
 
Net income allocated to common shareholders
 
$
1,533
   
$
1,050
   
$
2,972
   
$
2,025
 
                                 
Weighted average common shares outstanding, gross
   
 
2,513,696
     
 
1,537,229
     
 
2,513,696
     
 
1,535,292
 
Less:  Average participating securities
   
 
 
24,000
     
 
 
-
     
 
 
24,000
     
 
 
-
 
Weighted average common shares outstanding, net
   
 
2,489,696
     
 
1,537,229
     
 
2,489,696
     
 
1,535,292
 
Effect of diluted based awards
   
 
 
3,349
     
 
 
3,872
     
 
 
3,091
     
 
 
4,254
 
 
Weighted average shares and common stock equivalents
   
 
 
2,493,045
     
 
 
1,541,101
     
 
 
2,492,787
     
 
 
1,539,546
 
Basic
 
$
0.62
   
$
0.68
   
$
1.19
   
$
1.32
 
Diluted
 
$
0.62
   
$
0.68
   
$
1.19
   
$
1.32
 
 
Options excluded from the calculation due to their anti-dilutive effect on earnings per share
   
 
30,000
     
 
-
     
 
30,000
     
 
-