10. Net Income Per Common Share (Tables)

3 Months Ended

Mar. 31, 2014

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
	March 31,
	2014	2013
Weighted average number of shares outstanding	7,266,573	3,840,899
Effect of dilutive securities, common share equivalents	105,576	73,507
Weighted average number of shares outstanding,
used for computing diluted earnings per common share	7,372,149	3,914,406