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Earnings Per Share
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share

Note 4: Earnings Per Share

Basic earnings per share excludes dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the Company, such as the Company's dilutive stock options.

The following is a reconciliation of basic and diluted earnings per share for the three months ended March 31, 2014, and 2013:

  Three Months Ended
March 31,
  2014 2013
 
Net income available to common shareholders $ 3,787 $ 3,216
 
Weighted average common shares outstanding        
Basic   3,941,132 3,923,719 
Effect of dilutive employee stock options and awards   27,219   17,653
Diluted   3,968,351 3,941,372 
 
Anti-dilutive options excluded from earnings per share calculation   45,784   38,500
 
Per Common Share Data:        
Basic earnings per share $ 0.96 $ 0.82
Diluted earnings per share $ 0.95 $ 0.82