Earnings Per Share ("EPS") (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share [Abstract]

Reconciliation of Basic EPS and Diluted EPS

The following table is a reconciliation of basic EPS and diluted EPS for:

	Three months ended				Six months ended
	June 30,				June 30,
	2013		2012		2013		2012
Basic EPS Computation:
(in thousands except share and per share data)
Numerator:
Net income, Class A	$	3,935	$	3,727	$	7,437	$	6,702
Net income, Class B		1,091		1,044		2,065		1,877
Denominator:
Weighted average shares outstanding, Class A		3,574,379		3,556,474		3,571,963		3,553,734
Weighted average shares outstanding, Class B		1,982,180		1,991,880		1,984,530		1,992,817
Basic EPS, Class A	$	1.10	$	1.05	$	2.08	$	1.89
Basic EPS, Class B		0.55		0.52		1.04		0.94
Diluted EPS Computation:
Numerator:
Net income, Class A	$	3,935	$	3,727	$	7,437	$	6,702
Net income, Class B		1,091		1,044		2,065		1,877
Total net income, for diluted EPS, Class A computation		5,026		4,771		9,502		8,579
Denominator:
Weighted average shares outstanding, basic, Class A		3,574,379		3,556,474		3,571,963		3,553,734
Weighted average shares outstanding, Class B		1,982,180		1,991,880		1,984,530		1,992,817
Dilutive effect of Class A stock options		795		476		1,162		686
Weighted average shares outstanding diluted, Class A		5,557,354		5,548,830		5,557,655		5,547,237
Weighted average shares outstanding, Class B		1,982,180		1,991,880		1,984,530		1,992,817
Diluted EPS, Class A	$	0.90	$	0.86	$	1.71	$	1.55
Diluted EPS, Class B		0.55		0.52		1.04		0.94