Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share of Common Stock (Tables)

v2.4.1.9
Earnings Per Share of Common Stock (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2015 and 2014. Earnings per share is computed using the weighted average number of shares outstanding during the respective periods.

 

     2015      2014  

Net income

   $ 24,574       $ 20,918   

Weighted average shares of common stock outstanding – basic and diluted

     7,753,717         6,530,264   
  

 

 

    

 

 

 

Basic and diluted earnings per common share

$ 0.00    $ 0.00