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Earnings per Common Share
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Earnings per Common Share
Note 10. Earnings per Common Share

Basic earnings per common share represents income available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share reflects 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 are no potential common shares that would have a dilutive effect. The average number of common shares outstanding used to calculate basic and diluted earnings per common share were 4,901,464 for the three months ended September 30, 2013 and 2012, and 4,901,464 and 3,623,191 for the nine months ended September 30, 2013 and 2012, respectively.