| Earnings per share calculation |
| | | Quarters Ended September 30, | | | | | 2011 | | | 2012 | | | | | Net Income | | | Shares | | | Per Share Amount | | | Net Income | | | Shares | | | Per Share Amount | | | | | | | | | | | | | | | | | | | | | | Basic EPS | | $ | 374,045 | | | | 1,859,362 | | | $ | 0.20 | | | $ | 383,147 | | | | 1,841,817 | | | $ | 0.21 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Effect of Dilutive Stock Options | | | - | | | | 54,713 | | | | - | | | | - | | | | 9,628 | | | | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted EPS | | $ | 374,045 | | | | 1,914,075 | | | $ | 0.20 | | | $ | 383,147 | | | | 1,851,445 | | | $ | 0.21 | |
| | | Nine Months Ended September 30, | | | | | 2011 | | | 2012 | | | | | Net Income | | | Shares | | | Per Share Amount | | | Net Income | | | Shares | | | Per Share Amount | | | | | | | | | | | | | | | | | | | | | | Basic EPS | | $ | 1,125,593 | | | | 1,855,984 | | | $ | 0.61 | | | $ | 834,105 | | | | 1,839,788 | | | $ | 0.45 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Effect of Dilutive Stock Options | | | - | | | | 61,610 | | | | (0.02 | ) | | | - | | | | 10,054 | | | | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | Diluted EPS | | $ | 1,125,593 | | | | 1,917,594 | | | $ | 0.59 | | | $ | 834,105 | | | | 1,849,842 | | | $ | 0.45 | |
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