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



 

 

 

 

 

 

 



 

 

 

 

 

 

 



Three Months Ended

 

Nine Months Ended



September 30,

 

September 30,



2018

 

2017

 

2018

 

2017



 

 

 

 

 

 

 

Net income

$      1,404,000

 

$      1,015,000

 

$      3,827,000

 

$      2,562,000



 

 

 

 

 

 

 

Weighted average number of shares

4,378,436 

 

4,378,436 

 

4,378,436 

 

4,378,436 

Options effect of incremental shares

 -

 

83 

 

30 

 

88 



 

 

 

 

 

 

 

Weighted average diluted shares

4,378,436 

 

4,378,519 

 

4,378,466 

 

4,378,524 



 

 

 

 

 

 

 



 

 

 

 

 

 

 

Basic EPS (weighted avg shares)

$               0.32

 

$               0.23

 

$               0.87

 

$               0.59



 

 

 

 

 

 

 

Diluted EPS (Including Option Shares)

$               0.32

 

$               0.23

 

$               0.87

 

$               0.59