LOSS PER SHARE

The following table reconciles the loss available to common shareholders (numerator) and the weighted average common stock outstanding (denominator) for both basic and diluted loss per share for years ended June 30 (in thousands):



	Three Months Ended June 30,
	2011	2010
Loss per common share — basic
Net loss	$(6,131)	$(2,491)
Less: Capital Purchase Program "CPP" Preferred Dividends	96	237
Dividends paid and undistributed (losses)/earnings allocated to participating securities	—	(22)
Net Loss Available to Common Shareholders	$(6,227)	$(2,706)
Weighted average common shares outstanding	2,485,815	2,482,740
Loss per common share	$(2.51)	$(1.09)
Diluted Loss per common share	N/A	N/A

There was no diluted amount per share reported in either period due to the losses incurred.