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10. Net Income Per Common Share (Tables)
6 Months Ended
Jun. 30, 2014
Earnings per common share:  
Schedule of Net Income Per Common Share

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

 

   Three months ended   Six months ended 
   June 30,   June 30, 
   2014   2013   2014   2013 
                 
 Weighted average number of shares outstanding   7,287,935    3,827,712    7,277,313    3,834,269 
 Effect of dilutive securities, common share equivalents   70,345    78,720    75,296    77,381 
                     
 Weighted average number of shares outstanding,                    
 used for computing diluted earnings per share   7,358,280    3,906,432    7,352,609    3,911,650