Earnings Per Share

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

Earnings Per Share

Note 11 – Earnings Per Share

The following shows the weighted average number of shares used in computing earnings per share and the effect on weighted average number of shares of potentially dilutive common stock.  Potentially dilutive common stock had no effect on income available to common shareholders.

	Three Months Ended September 30, 2013
	2013					2012
	Shares		Per Share Amount			Shares		Per Share Amount
Basic		7,877,901		$	0.54		7,838,314		$	0.46
Effect of dilutive securities - stock options		14,114			-		17,223			-
Diluted		7,892,015		$	0.54		7,855,537		$	0.46

	Nine Months Ended September 30,
	2013					2012
	Shares		Per Share Amount			Shares		Per Share Amount
Basic		7,867,835		$	1.60		7,830,928		$	1.54
Effect of dilutive securities - stock options		11,126			-		15,731			-
Diluted		7,878,961		$	1.60		7,846,659		$	1.54

Stock options on common stock which were not included in computing diluted earnings per share for the nine month periods ended September 30, 2013 and 2012, because their effects were antidilutive, averaged 168,760 and 163,559 shares, respectively.