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OUTSTANDING SHARES AND EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2013
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 periods ended March 31, 2013 and 2012.

 
Three months ended
 
 
March 31,
 
 
2013
 
 
2012
 
Basic earnings per share:
 
 
 
 
 
 
Net income
 
$
1,363
 
 
$
1,092
 
Preferred stock dividend
 
$
(212
)
 
$
(285
)
Net income available to common stockholders
 
$
1,151
 
 
$
807
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
9,405,851
 
 
 
9,377,213
 
Basic EPS
 
$
0.12
 
 
$
0.09
 
 
 
 
 
 
 
 
 
Diluted earnings per share:
 
 
 
 
 
 
 
 
Net income
 
$
1,363
 
 
$
1,092
 
Preferred stock dividend
 
$
(212
)
 
$
(285
)
Net income available to common stockholders
 
$
1,151
 
 
$
807
 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding
 
 
9,405,851
 
 
 
9,377,213
 
 
 
 
 
 
 
 
 
Effect of dilutive shares
 
 
30,718
 
 
 
26,968
 
 
 
 
 
 
 
 
 
Adjusted weighted average common shares outstanding
 
 
9,436,569
 
 
 
9,404,181
 
Diluted EPS
 
$
0.12
 
 
$
0.09