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Earnings Per Share
 6 Months Ended
Jun. 30, 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 June 30,     Six Months Ended June 30,  
    2012     2011     2012     2011  

Net income

   $ 3,328,097     $ 3,728,889     $ 7,939,450     $ 7,360,624  

Weighted average number of outstanding shares

     3,101,170       2,967,002       3,066,002       2,902,788  

Earnings per share

   $ 1.07     $ 1.26     $ 2.59     $ 2.54  

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