XML 31 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6
OUTSTANDING SHARES AND EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2012
OUTSTANDING SHARES AND EARNINGS PER SHARE [Abstract]  
Reconciliation of basic and diluted EPS
The following table presents a reconciliation of basic and diluted EPS for the three-month and six-month periods ended June 30, 2012 and 2011.

 
Three months ended
 
 
Six months ended
 
 
June 30,
 
 
June 30,
 
 
2012
 
 
2011
 
 
2012
 
 
2011
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
1,207
 
 
$
795
 
 
$
2,299
 
 
$
1,561
 
Preferred stock dividend and accretion
 
$
(286
)
 
$
(251
)
 
$
(571
)
 
$
(500
)
Net income available to common shareholders
 
$
921
 
 
$
544
 
 
$
1,728
 
 
$
1,061
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
9,201,668
 
 
 
9,161,336
 
 
 
9,197,489
 
 
 
9,154,757
 
Basic EPS
 
$
0.10
 
 
$
0.06
 
 
$
0.19
 
 
$
0.12
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
1,207
 
 
$
795
 
 
$
2,299
 
 
$
1,561
 
Preferred stock dividend and accretion
 
$
(286
)
 
$
(251
)
 
$
(571
)
 
$
(500
)
Net income available to common shareholders
 
$
921
 
 
$
544
 
 
$
1,728
 
 
$
1,061
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
9,201,668
 
 
 
9,161,336
 
 
 
9,197,489
 
 
 
9,154,757
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive shares
 
 
24,000
 
 
 
1,141
 
 
 
25,213
 
 
 
1,756
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Adjusted weighted average common shares outstanding
 
 
9,225,668
 
 
 
9,162,477
 
 
 
9,222,702
 
 
 
9,156,513
 
Diluted EPS
 
$
0.10
 
 
$
0.06
 
 
$
0.19
 
 
$
0.12