Net Income per Common Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Computation of basic and diluted net income per common share:

The computation of basic and diluted net income per common share is as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2014		2013		2014		2013
Net income	$	2,428,000	$	1,960,000	$	7,068,000	$	5,230,000
Weighted average common shares outstanding — basic	7,540,000		7,257,000		7,492,000		7,186,000
Effect of dilutive securities	36,000		161,000		50,000		225,000
Weighted average common and potentially issuable common shares outstanding — diluted	7,576,000		7,418,000		7,542,000		7,411,000
Basic net income per common share	$	0.32	$	0.27	$	0.94	$	0.73
Diluted net income per common share	$	0.32	$	0.26	$	0.94	$	0.71