Earnings Per Common Share

12 Months Ended

Dec. 31, 2013

Earnings Per Common Share [Abstract]

Earnings Per Common Share

Note 15 – Earnings Per Common Share

The following shows the weighted average number of shares used in computing earnings per common share and the effect on weighted average number of shares of potentially dilutive common stock.  Potentially dilutive common stock had no effect on income available to common shareholders.

	Years Ended December 31,
	2013					2012					2011
	Shares		Per Share Amount			Shares		Per Share Amount			Shares		Per Share Amount
Basic earnings per share		7,872,870		$	2.00		7,834,351		$	2.04		6,982,524		$	1.64
Effect of dilutive securities - stock options		11,691			-		11,301			-		7,353			-
Diluted earnings per share		7,884,561		$	2.00		7,845,652		$	2.04		6,989,877		$	1.64

Outstanding stock options on common stock which were not included in computing diluted earnings per share in 2013, 2012, and 2011 because their effects were antidilutive, averaged 161,831 shares, 196,394 shares, and 145,986 shares, respectively.