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Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share

Net income per share was computed as follows:

 

    

For the Three Months

Ended March 31,

 
     2014      2013  

Basic weighted average shares outstanding

     4,870,114         4,866,933   

Dilutive effect of granted options

     450         5,429   
  

 

 

    

 

 

 

Diluted weighted average shares outstanding

     4,870,564         4,872,362   
  

 

 

    

 

 

 

Net income

   $ 1,797,153       $ 1,414,446   

Net income per share-basic

   $ 0.37       $ 0.29   

Net income per share-diluted

   $ 0.37       $ 0.29