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Earnings Per Common Share (EPS) (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Common Share (EPS) [Abstract]

Earnings Per Share



	Three Months Ended
	March 31,
	2016		2015

Net income	$           887,000		$           927,000

Basic EPS weighted average shares outstanding	4,378,436		3,371,616
Incremental shares attributable to stock options	-		-

Diluted EPS weighted average shares outstanding	4,378,436		3,371,616


Basic earnings per common share	$                 0.20		$                 0.27

Diluted earnings per common share	$                 0.20		$                 0.27



Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share


	Three Months Ended
	March 31,
	2016	2015
Incremental shares excluded from calculating diluted EPS because their effect was anti-dilutive	636	66,752



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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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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

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