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Earnings per Share
12 Months Ended
Dec. 31, 2015
Earnings per Share

Note 19. 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.

 

     December 31, 2015      December 31, 2014  
     Average      Per share      Average      Per share  
     Shares      Amount      Shares      Amount  

Basic earnings per share

     4,791,722       $ 0.08         4,818,377       $ 0.38   

Effect of dilutive securities:

           

Stock options

     13,596            11,204      
  

 

 

       

 

 

    

Diluted earnings per share

     4,805,318       $ 0.08         4,829,581       $ 0.38   
  

 

 

       

 

 

    

For the years ended 2015 and 2014, options on 89,473 and 68,707 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive.