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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per share is shown in the following table:

 

 

Three Months Ended
March 31,

 

 

2014

 

 

2013

 

Basic EPS

 

 

 

 

 

 

 

Net income

$

2,191

 

 

$

2,005

 

Weighted average shares outstanding

 

18,779,091

 

 

 

18,795,048

 

Basic earnings per share

$

0.12

 

 

$

0.11

 

Diluted EPS

 

 

 

 

 

 

 

Net income

$

2,191

 

 

$

2,005

 

Weighted average shares out-standing for basic earnings per share

 

18,779,091

 

 

 

18,795,048

 

Effect of Stock Options

 

0

 

 

 

0

 

Weighted average shares for diluted earnings per share

 

18,779,091

 

 

 

18,795,048

 

Diluted earnings per share

$

0.12

 

 

$

0.11