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Earnings Per Common Share (EPS) (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Common Share (EPS) [Abstract]  
Earnings Per Share



 

 

 

 

 

 

 



 

 

 

 

 

 

 



Three Months Ended

 

Nine Months Ended



September 30,

 

September 30,



2017

 

2016

 

2017

 

2016



 

 

 

 

 

 

 

Net income

$      1,015,000

 

$      1,055,000

 

$      2,562,000

 

$      2,993,000



 

 

 

 

 

 

 

Weighted average number of shares

4,378,436 

 

4,378,436 

 

4,378,436 

 

4,378,436 

Options effect of incremental shares

83 

 

 -

 

88 

 

 -



 

 

 

 

 

 

 

Weighted average diluted shares

4,378,519 

 

4,378,436 

 

4,378,524 

 

4,378,436 



 

 

 

 

 

 

 



 

 

 

 

 

 

 

Basic EPS (weighted avg shares)

$               0.23

 

$               0.24

 

$               0.59

 

$               0.68



 

 

 

 

 

 

 

Diluted EPS (Including Option Shares)

$               0.23

 

$               0.24

 

$               0.59

 

$               0.68



Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share



 

 

 

 



Three Months Ended

Nine Months Ended



September 30,

September 30,



2017

2016

2017

2016

Options excluded from calculating diluted EPS because their effect was anti-dilutive

-

636

-

636