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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

 

Earnings per share were computed as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

2015

 

2014

 

 

Income

 

Weighted- Average Shares

 

 

Per-Share Amount

 

 

Income

 

Weighted- Average Shares

 

 

Per-Share Amount

Basic Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

Net income

$

3,218 

 

7,383,435 

 

$

0.44 

 

$

2,614 

 

7,133,233 

 

$

0.37 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 -

 

164,299 

 

 

 

 

 

 -

 

227,167 

 

 

 

Diluted Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available and assumed conversions

$

3,218 

 

7,547,734 

 

$

0.43 

 

$

2,614 

 

7,360,400 

 

$

0.36 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

 

2015

 

2014

 

 

Income

 

Weighted- Average Shares

 

 

Per-Share Amount

 

 

Income

 

Weighted- Average Shares

 

 

Per-Share Amount

Basic Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

Net income

$

5,698 

 

7,348,773 

 

$

0.78 

 

$

4,634 

 

7,126,082 

 

$

0.65 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

 -

 

179,633 

 

 

 

 

 

 -

 

230,680 

 

 

 

Diluted Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income available to common stockholders and assumed conversions

$

5,698 

 

7,528,406 

 

$

0.76 

 

$

4,634 

 

7,356,762 

 

$

0.63