Earnings Per Share

3 Months Ended

Mar. 31, 2016

(4) Earnings Per Share

Basic earnings per share ("EPS") has 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 an assumed vesting of restricted stock awards.

	Three months ended March 31,
	2016		2015
Basic weighted average common shares outstanding		5,389,184		5,369,695
Effect of dilutive restricted stock awards		13,913		10,522

Diluted weighted average common shares outstanding		5,403,097		5,380,217