Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Schedule of weighted average number of shares used in computing 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
	June 30,
	2013					2012
			Per					Per
			Share					Share
	Shares		Amount			Shares		Amount
Basic		7,867,222	$	0.54			7,832,162	$	0.55
Effect of dilutive securities - stock options		9,747		(0.01	)		16,980		(0.01	)
Diluted		7,876,969	$	0.53			7,849,142	$	0.54

	Six Months Ended
	June 30,
	2013				2012
			Per				Per
			Share				Share
	Shares		Amount		Shares		Amount
Basic		7,862,719	$	1.06		7,827,195	$	1.08
Effect of dilutive securities - stock options		9,632		-		12,169		-
Diluted		7,872,351	$	1.06		7,839,364	$	1.08