10. Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings per common share:

Schedule of Net Income Per Common Share

The reconciliation of the weighted average number of shares of Common Stock used in the calculation of basic and diluted earnings per common share follows:

	Three months ended				Six months ended
	June 30,				June 30,
	2013		2012		2013		2012
Weighted average number of shares outstanding		3,827,712		3,789,592		3,834,269		3,780,351
Effect of dilutive securities, common share equivalents		78,720		94,187		77,381		-
Weighted average number of shares outstanding used for computing diluted earnings per share		3,906,432		3,883,779		3,911,650		3,780,351