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Earnings per share (Tables)
6 Months Ended
Jun. 30, 2014
Weighted Average Number of Shares Used in Computing Earnings per Share

The following table shows the weighted average number of shares used in computing earnings per share and the effect on the weighted average number of shares of dilutive potential common stock.

 

     For the Three Months Ended      For the Six Months Ended  
     June 30, 2014      June 30, 2013      June 30, 2014      June 30, 2013  
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
     Average
Shares
     Per share
Amount
 

Basic earnings per share

     4,818,733       $ 0.05         4,817,856       $ 0.05         4,818,311       $ 0.15         4,815,845       $ 0.08   

Effect of dilutive securities:

                       

Stock options

     18,050            2,158            14,105            2,413      
  

 

 

       

 

 

       

 

 

       

 

 

    

Diluted earnings per share

     4,836,783       $ 0.05         4,820,014       $ 0.05         4,832,416       $ 0.15         4,818,258       $ 0.08