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Earnings Per Share
3 Months Ended
Mar. 31, 2012
Earnings Per Share [Abstract]  
Earnings Per Share

Note 8 Earnings Per Share

The following table sets forth the computation for earnings per share (“EPS”):

 

                 
    Three Months Ended March 31,  
    2012     2011  
Net income
  $ 4,611,353     $ 3,631,734  
     
Weighted average number of outstanding shares
    3,030,834       2,837,860  
     
Earnings per share
  $ 1.52     $ 1.28  
   
 
 
   
 
 
 

For the periods presented, the Company does not have dilutive securities outstanding.