XML 41 R29.htm IDEA: XBRL DOCUMENT v3.3.1.900
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of basis of computation of earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

    

2015

    

2014

 

 

 

 

 

 

 

Net income available to common stockholders

 

$
1,518,000

 

$
1,479,000

 

 

 

 

 

 

 

Basic common shares:

 

 

 

 

 

 

Weighted average shares outstanding

 

 
1,787,909

 

 
1,789,702

Less: Weighted average unallocated ESOP shares

 

 
(83,535)

 

 
(90,775)

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

 

 
43,719

 

 
40,166

Basic weighted average common shares outstanding

 

 
1,748,093

 

 
1,739,093

 

 

 

 

 

 

 

Dilutive potential common shares

 

 
8,726

 

 
5,428

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 

 
1,756,819

 

 
1,744,521

 

 

 

 

 

 

 

Basic earnings per share

 

$
0.87

 

$
0.85

 

 

 

 

 

 

 

Diluted earnings per share

 

$
0.86

 

$
0.85