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COMMON STOCK AND EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2018
COMMON STOCK AND EARNINGS PER SHARE  
Schedule of computation of earnings per share

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

    

March 31,
2018

    

March 31,
2017

    

Income Available to Common Shareholders:

 

 

 

 

 

 

 

Net Income

 

$

10,912,299

 

$

12,746,392

 

Weighted Average Shares Outstanding

 

 

5,530,864

 

 

5,602,137

 

Common Shares Applicable to Stock

 

 

 

 

 

 

 

Options Using the Treasury Stock Method

 

 

31,036

 

 

21,277

 

Total Shares Applicable to Diluted Earnings Per Share

 

 

5,561,900

 

 

5,623,414

 

 

 

 

 

 

 

 

 

Per Share Information:

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

Net Income

 

$

 1.97

 

$

 2.28

 

 

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

 

Net Income

 

$

 1.96

 

$

 2.27