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Basic and Diluted Earnings Per Share | 6 Months Ended
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Jun. 30, 2015
Earnings Per Share Abstract |
Earnings Per Share [Text Block] | NOTE 2: BASIC AND DILUTED EARNINGS PER SHARE Basic net earnings per share is computed by dividing net earnings by the weighted average common shares outstanding for the respective period. Diluted net earnings per share reflect the potential dilution that could occur upon exercise of securities or other rights for, or convertible into, shares of the Company’s common stock. At June 30, 2015 and 2014, respectively, the Company had no such securities or rights issued or outstanding, and therefore, no dilutive effect to consider for the diluted earnings per share calculation. The basic and diluted earnings per share computations for the respective periods are presented below.
|  |  |  |  | Quarter ended June 30, |  |  | Six Months Ended June 30,
(In thousands, except share and per share data) |  |  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014
Basic and diluted: |  |  |  |  |  |  |  |  |  |  |  |
| Net earnings |  | $ | 2,150 |  | $ | 1,859 |  | $ | 4,012 |  | $ | 3,680
| Weighted average common shares outstanding |  |  | 3,643,413 |  |  | 3,643,295 |  |  | 3,643,389 |  |  | 3,643,228
|  | Earnings per share |  | $ | 0.59 |  | $ | 0.51 |  | $ | 1.10 |  | $ | 1.01

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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