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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

(Amounts, except earnings per share, in thousands)

 

 

 

 

 

 

 

 

 

 

Three Months

 

Three Months

 

Ended

 

Ended

 

June 30, 2013

 

June 30, 2012

 

 

 

 

 

 

Net income

$

1,009 

 

$

1,215 

Weighted-average common shares outstanding

 

4,218 

 

 

4,232 

Basic earnings per share

$

0.24 

 

$

0.29 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

4,218 

 

 

4,232 

Common stock equivalents due to effect of stock options

 

 

 

Total weighted-average common shares and equivalents

 

4,220 

 

 

4,235 

Diluted earnings per share

$

0.24 

 

$

0.29 

 

 

 

 

 

Six Months

 

Six Months

 

Ended

 

Ended

 

June 30, 2013

 

June 30, 2012

 

 

 

 

 

 

Net income

$

2,015 

 

$

1,633 

Weighted-average common shares outstanding

 

4,218 

 

 

4,230 

Basic earnings per share

$

0.48 

 

$

0.39 

 

 

 

 

 

 

Weighted-average common shares outstanding

 

4,218 

 

 

4,230 

Common stock equivalents due to effect of stock options

 

 

 

Total weighted-average common shares and equivalents

 

4,220 

 

 

4,233 

Diluted earnings per share

$

0.48 

 

$

0.39