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Earnings Per Common Share (EPS) (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Common Share (EPS) [Abstract]  
Earnings Per Share



 

 

 

 

 

 

 



 

 

 

 

 

 

 



Three Months Ended

 

Six Months Ended



June 30,

 

June 30,



2018

 

2017

 

2018

 

2017



 

 

 

 

 

 

 

Net income

$      1,300,000

 

$        787,000

 

$      2,423,000

 

$      1,547,000



 

 

 

 

 

 

 

Weighted average number of shares

4,378,436 

 

4,378,436 

 

4,378,436 

 

4,378,436 

Options effect of incremental shares

 -

 

83 

 

45 

 

91 



 

 

 

 

 

 

 

Weighted average diluted shares

4,378,436 

 

4,378,519 

 

4,378,481 

 

4,378,527 



 

 

 

 

 

 

 



 

 

 

 

 

 

 

Basic EPS (weighted avg shares)

$               0.30

 

$              0.18

 

$               0.55

 

$               0.35



 

 

 

 

 

 

 

Diluted EPS (Including Option Shares)

$               0.30

 

$              0.18

 

$               0.55

 

$               0.35