Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share Tables

Schedule of calculation of earnings per share

Basic earnings per common share is computed based upon the weighted-average number of common shares outstanding during the period, less shares in the Company’s Employee Stock Ownership Plan (“ESOP”) that are unallocated and not committed to be released. Diluted earnings per common share include the dilutive effect of all additional potential common shares issuable under the Company’s stock option plan. The computations are as follows:

	Three months ended June 30,				Six months ended June 30,
	2014		2013		2014		2013
Weighted-average common shares outstanding (basic)		2,785,752		2,872,079		2,787,474		2,887,277
Dilutive effect of assumed exercise of stock options		—		—		—		—
Weighted-average common shares outstanding (diluted)		2,785,752		2,872,079		2,787,474		2,887,277