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Earnings Per Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

 

Note 23: Earnings Per Share

Earnings per share were computed as follows:

 

 

 

 

 

 

 

 

 

 

2014

 

 

Income

 

Weighted- Average Shares

 

 

Per-Share Amount

Basic Earnings Per Share

 

 

 

 

 

Income available to common stockholders

 

10,818 

 

7,160,700 

 

$

1.51 

Effect of Dilutive Securities

 

 

 

 

 

 

 

Stock options

 

 -

 

231,131 

 

 

 

Diluted Earnings Per Share

 

 

 

 

 

 

 

Income available to common stockholders and assumed conversions

$

10,818 

 

7,391,831 

 

$

1.46 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

Income

 

Weighted- Average Shares

 

 

Per-Share Amount

Basic Earnings Per Share

 

 

 

 

 

Net income

$

9,200 

 

7,076,877 

 

 

 

Dividends and accretion on preferred stock

 

(1,257)

 

 

 

 

 

Income available to common stockholders

 

7,943 

 

7,076,877 

 

$

1.12 

Effect of Dilutive Securities

 

 

 

 

 

 

 

Stock options

 

 -

 

180,941 

 

 

 

Diluted Earnings Per Share

 

 

 

 

 

 

 

Income available to common stockholders and assumed conversions

$

7,943 

 

7,257,818 

 

$

1.09 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

Income

 

Weighted- Average Shares

 

 

Per-Share Amount

Basic Earnings Per Share

 

 

 

 

 

Net income

$

7,246 

 

6,951,727 

 

 

 

Dividends and accretion on preferred stock

 

(1,446)

 

 

 

 

 

Income available to common stockholders

 

5,800 

 

6,951,727 

 

$

0.83 

Effect of Dilutive Securities

 

 

 

 

 

 

 

Stock options

 

 -

 

103,957 

 

 

 

Diluted Earnings Per Share

 

 

 

 

 

 

 

Income available to common stockholders and assumed conversions

$

5,800 

 

7,055,684 

 

$

0.82 

 

Options to purchase 44,161,  75,831, and 246,815 shares of common stock were outstanding at December 31, 2014, 2013 and 2012, respectively, but were not included in the computation of diluted EPS because the options’ exercise price was greater than the average market price of the common shares.