Earnings Per Share

6 Months Ended

Jun. 30, 2016

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 diluted potential common stock. Nonvested restricted shares are included in basic earnings per share because of dividend participation rights. Potential dilutive common stock had no effect on income available to common stockholders.



	For the Three Months Ended June 30,
	2016			2015
	Shares	Per Share Amount		Shares	Per Share Amount
Earnings per share, basic	7,100,226	$	0.37	7,145,929	$	0.32
Effect of dilutive securities:
Stock options	11,948			7,102
Warrant	41,743			14,134
Earnings per share, diluted	7,153,917	$	0.37	7,167,165	$	0.32




	For the Six Months Ended June 30,
	2016			2015
	Shares	Per Share Amount		Shares	Per Share Amount
Earnings per share, basic	7,087,015	$	0.66	7,140,514	$	0.66
Effect of dilutive securities:
Stock options	10,476			7,077
Warrant	31,672			13,937
Earnings per share, diluted	7,129,163	$	0.66	7,161,528	$	0.66

The warrant and none of the stock options were considered anti-dilutive as of June 30, 2016 and 2015.