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Earnings per share | 6 Months Ended
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Jun. 30, 2016
Earnings per share |
Earnings per share | 3. Earnings per share: Basic earnings per share represent income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. There were no shares considered anti-dilutive for the three and six month periods ended June 30, 2016 and 2015.
|  | 2016 |  | 2015 |
For the Three Months Ended June 30, |  | Basic |  | Diluted |  | Basic |  | Diluted |
Net Income |  | $ | 4,855 |  | $ | 4,855 |  | $ | 4,431 |  | $ | 4,431 |
Average common shares outstanding |  |  | 7,395,127 |  |  | 7,395,127 |  |  | 7,546,198 |  |  | 7,546,198 |
Earnings per share |  | $ | 0.66 |  | $ | 0.66 |  | $ | 0.59 |  | $ | 0.59 |
|  | 2016 |  | 2015 |
For the Six Months Ended June 30 |  | Basic |  | Diluted |  | Basic |  | Diluted |
Net Income |  | $ | 9,737 |  | $ | 9,737 |  | $ | 9,475 |  | $ | 9,475 |
Average common shares outstanding |  |  | 7,399,318 |  |  | 7,399,318 |  |  | 7,547,272 |  |  | 7,547,272 |
Earnings per share |  | $ | 1.32 |  | $ | 1.32 |  | $ | 1.26 |  | $ | 1.26 |

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