Earnings per Share

12 Months Ended

Dec. 31, 2016

Note 20. 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, 2016				December 31, 2015
	Average		Per share		Average		Per share
	Shares		Amount		Shares		Amount
Basic earnings per share		4,774,856	$	0.53		4,791,722	$	0.08
Effect of dilutive securities:
Stock options		25,090				13,596

Diluted earnings per share		4,799,946	$	0.53		4,805,318	$	0.08

For the years ended 2016 and 2015, options on 62,541 and 89,473 shares, respectively, were not included in computing diluted earnings per share because their effects were anti-dilutive.