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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of basis of computation of earnings per common share

 

 

 

Years Ended December 31,

 

 

 

2014

 

2013

 

 

 

 

 

 

 

Net income available to common stockholders

 

$
1,479,000

 

$
735,000

 

 

 

 

 

 

 

Basic common shares:

 

 

 

 

 

Weighted average shares outstanding

 
1,789,702

 
1,865,874

 

Less: Weighted average unallocated ESOP shares

 
(90,775

)
(98,016

)

Add: Weighted average unvested restricted stock shares with non-forfeitable dividend rights

 
40,166

 
35,923

 

Basic weighted average common shares outstanding

 
1,739,093

 
1,803,781

 

 

 

 

 

 

 

Dilutive potential common shares

 
5,428

 
4,903

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 
1,744,521

 
1,808,684

 

 

 

 

 

 

 

Basic earnings per share

 

$
0.85

 

$
0.41

 

 

 

 

 

 

 

Diluted earnings per share

 

$
0.85

 

$
0.41