Note 6 - Income Per Common Share

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 6: Income (Loss) Per Common Share

	For three months ended June 30, 2013						For six months ended June 30, 2013
	Income Available to Common Shareholders		Average Common Shares Outstanding		Per Common Share		Income Available to Common Shareholders		Average Common Shares Outstanding		Per Common Share
Basic Income Per Common Share	$	1,369,110		2,731,727	$	0.50	$	2,123,133		2,735,533	$	0.78
Effect of Dilutive Securities				75,197						72,214
Diluted Income Per Common Share	$	1,369,110		2,806,924	$	0.49	$	2,123,133		2,807,747	$	0.76

	For three months ended June 30, 2012								For six months ended June 30, 2012
	Income Available to Common Shareholders			Common Shares Outstanding		Per Common Share			Income Available to Common Shareholders		Common Shares Outstanding		Per Common Share
Basic Income (Loss) Per Common Share	$	(53,789	)		2,712,297	$	(0.02	)	$	499,542		2,709,744	$	0.18
Effect of Dilutive Securities					164,447							156,123
Diluted Income (Loss) Per Common Share	$	(53,789	)		2,876,744	$	(0.02	)	$	499,542		2,865,867	$	0.17

Stock options to purchase 197,500 of common stock were outstanding during the three and six months ended June 30, 2013, respectively, and options to purchase 201,500 shares of common stock were outstanding during the three and six months ended June 30, 2012, respectively, but were not included in the computation of diluted income per common share because their exercise prices were greater than the average market price of the common shares. Stock warrants to purchase 459,459 shares of common stock were outstanding during the three and six months ended June 30, 2012, and were included in the computation of diluted income per common share because their exercise price was less than the average market price of the common shares during those periods.