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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of basic and diluted earnings per share
The following table presents basic and diluted earnings per share for the three and six month periods ended June 30, 2017 and 2016.
 
Three Months Ended June 30,
 
2017
 
2016
 
Shares
 
Per
Share
Amount
 
Shares
 
Per
Share
Amount
Basic earnings per share
8,640,648

 
$
0.50

 
8,610,156

 
$
0.47

Effect of dilutive securities - stock options
18,517

 
(0.01
)
 
9,677

 

Diluted earnings per share
8,659,165

 
$
0.49

 
8,619,833

 
$
0.47


 
Six Months Ended June 30,
 
2017
 
2016
 
Shares
 
Per
Share
Amount
 
Shares
 
Per
Share
Amount
Basic earnings per share
8,636,954

 
$
0.97

 
8,610,998

 
$
0.95

Effect of dilutive securities - stock options
18,219

 
(0.01
)
 
5,875

 

Diluted earnings per share
8,655,173

 
$
0.96

 
8,616,873

 
$
0.95