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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
NOTE 2 - EARNINGS PER SHARE
 
Basic earnings per share of common stock are computed by dividing net earnings by the weighted average number of common shares outstanding during the period.  Diluted earnings per share are calculated by including the average dilutive common stock equivalents outstanding during the periods.  Dilutive common equivalent shares consist of stock options, calculated using the treasury stock method.
                 
   
Three Months Ended
  
   
March 31,
  
   
2015
    
2014
  
Basic and diluted:
            
Net  income
   $ 380,000     $ 473,000  
Weighted average common shares outstanding
     2,764,129       2,750,603  
Basic and dilutive net income per share
   $ 0.14     $ 0.17  
 
Diluted earnings per share calculations were not required for the three months ended March 31, 2015 and 2014, since there were no options outstanding.