Per Share Data

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Per Share Data

Per Share Data

There are no convertible securities which would affect the denominator in calculating basic and dilutive earnings per share.  Net income as presented on the consolidated statement of income will be used as the numerator.  The following table sets forth the composition of the weighted average common shares (denominator) used in the basic and dilutive earnings per share computation.

	Three Months Ended March 31,
	2015		2014
Weighted average common shares issued	5,002,832		5,000,171
Average treasury stock shares	(201,327	)	(180,596	)
Weighted average common shares and common stock equivalents used to calculate basic and diluted earnings per share	4,801,505		4,819,575