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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2017
EARNINGS PER SHARE  
Schedule of earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

 

September 30, 

 

September 30, 

 

 

    

2017

    

2016

    

2017

    

2016

    

Basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

411,000

 

$

115,000

 

$

1,064,000

 

$

706,000

 

Weighted average common shares outstanding

 

 

2,796,099

 

 

2,782,923

 

 

2,792,544

 

 

2,781,371

 

Basic net income per share

 

$

0.15

 

$

0.04

 

$

0.38

 

$

0.25