Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2014

Reconciliation of the Weighted Average Number of Common Shares Outstanding

A reconciliation of the weighted average number of common shares outstanding for the three months ended March 31, 2014 and 2013 is as follows:

	2014		2013
Common shares outstanding, beginning of the year		11,446,800		10,937,000
Weighted average common shares issued		0		154,550
Weighted average number of common shares outstanding		11,446,800		11,091,550
Dilutive effect of common share equivalents		215,696		0
Diluted weighted average number of common shares outstanding		11,662,496		11,091,550