Annual report pursuant to Section 13 and 15(d)

Earnings per Common Share (Tables)

v2.4.0.6
Earnings per Common Share (Tables)
 12 Months Ended
Dec. 31, 2012
Risks and Uncertainties [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

A reconciliation of the numerators and denominators of the basic earnings per common share and diluted earnings per common share computations for 2012 and 2011 is presented below.

 

    2012     2011  
Basic earnings per common share:                
Net income available to common stockholders   $ 6,852,915     $ 5,384,982  
Weighted-average common shares outstanding     2,839,719       2,832,161  
Basic earnings per common share   $ 2.41     $ 1.90  
                 
Diluted earnings per common share:                
Net income available to common stockholders   $ 6,852,915     $ 5,384,982  
Weighted-average common shares outstanding     2,839,719       2,832,161  
Weighted-average common and dilutive potential common shares outstanding     2,839,719       2,832,161  
Diluted earnings per common share   $ 2.41     $ 1.90