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Calculation of Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2013
Calculation of Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31,

 

 

2013

 

 

2012

 

 

2011

 

(Amounts, except earnings per share, in thousands)

 

 

 

 

 

 

 

 

 

Net income

$
4,001 

 

$
3,648 

 

$
4,680 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 
4,210 

 

 
4,231 

 

 
4,241 

 

 

 

 

 

 

 

 

 

Basic earnings per share

$
0.95 

 

$
0.86 

 

$
1.10 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding

 
4,210 

 

 
4,231 

 

 
4,241 

 

 

 

 

 

 

 

 

 

Common stock equivalents due to effect of stock options

 
1 

 

 
2 

 

 
3 

 

 

 

 

 

 

 

 

 

Total weighted-average common shares and equivalents

$
4,211 

 

$
4,233 

 

$
4,244 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

$
0.95 

 

$
0.86 

 

$
1.10 

 

 

 

 

 

 

 

 

 

Anti-dilutive stock options outstanding

 
78 

 

 
79 

 

 
60