Earnings Per Share

3 Months Ended

Mar. 31, 2014

Basic earnings per share are based upon the weighted average number of common shares outstanding during the period. The weighted average common shares outstanding for the diluted earnings per share computations were adjusted to reflect the assumed conversion of shares available under stock options. The following tables summarize earnings per share and the shares utilized in the computations for the three months ended March 31, 2014 and 2013, respectively:



	Net Income Available to Common Shareholders (000s)		Weighted Average Common Shares	Per Share Amount
Year to date March 31, 2014
Basic earnings per common share	$	1,516	4,806,323	$	0.32
Effect of dilutive stock options			48,646
Effect of dilutive stock warrants			0
Diluted earnings per common share	$	1,516	4,854,969	$	0.31

Year to date March 31, 2013
Basic earnings per common share	$	1,466	4,779,393	$	0.31
Effect of dilutive stock options			36,335
Effect of dilutive stock warrants			81,248
Diluted earnings per common share	$	1,466	4,896,976	$	0.30

- Definition

The entire disclosure for earnings per share.

+ References+ Details