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Earnings per Share (Tables) | 3 Months Ended
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Mar. 31, 2018
Earnings per Share [Abstract] |
Computation of earnings per share | The following table sets forth the computation of earnings per share. Earnings per share calculations give retroactive effect to stock dividends declared by the Company.
|  | Three months ended |
|  | March 31, |
|  | 2018 |  |  | 2017 |
Net income applicable to common stock |  | $ | 4,247,000 |  |  | $ | 3,303,000 |
Basic earnings per share computation |  |  |  |  |  |  |  |
Weighted average common shares outstanding |  |  | 3,478,280 |  |  |  | 3,479,180 |
Earnings per share - basic |  | $ | 1.22 |  |  | $ | 0.94 |
Diluted earnings per share computation |  |  |  |  |  |  |  |
Weighted average common shares outstanding for basic earnings per share |  |  | 3,478,280 |  |  |  | 3,479,180 |
Add: Dilutive effects of restricted stock |  |  | 363 |  |  |  | 20 |
Weighted average common shares outstanding for dilutive earnings per share |  |  | 3,478,643 |  |  |  | 3,479,200 |
Earnings per share - diluted |  | $ | 1.22 |  |  | $ | 0.94 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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