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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Computation for Earnings Per Share
The following table sets forth the computation for basic and diluted EPS and reconciliation between basic and diluted shares outstanding:
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Net income
$
6,350,580

 
$
5,361,736

 
$
19,028,213

 
$
15,404,014

 
 
 
 
 
 
 
 
Weighted average number of outstanding shares - Basic
3,205,904

 
3,160,039

 
3,190,171

 
3,135,466

Dilutive impact of restricted stock grants with forfeitable rights to dividends
69,646

 
51,754

 
66,613

 
45,505

Dilutive impact of restricted stock units
5,212

 
—

 
3,480

 
—

Weighted average number of outstanding shares - Diluted
3,280,762

 
3,211,793

 
3,260,264

 
3,180,971

 
 
 
 
 
 
 
 
Earnings per share
 
 
 
 
 
 
 
Basic
$
1.98

 
$
1.70

 
$
5.96

 
$
4.91

Diluted
$
1.94

 
$
1.67

 
$
5.84

 
$
4.84