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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Computation of Basic Earnings Per Common Share and Diluted Earnings Per Common Share

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

 

 

Years Ended December 31,

 

 

2013

 

  

2012

 

  

2011

 

Net income (amounts in thousands)

$

1,784

 

 

$

2,913

 

 

$

4,072

 

Weighted average common shares outstanding

 

4,527,350

 

 

 

4,525,524

 

 

 

4,525,538

 

Basic earnings per common share

$

0.39

 

 

$

0.64

 

 

$

0.90

 

Diluted earnings per common share

$

0.39

 

 

$

0.64

 

 

$

0.90