EARNINGS PER SHARE (Tables)

3 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Schedule of earnings per share, basic and diluted

	Three months ended June 30, 2012			Three months ended June 30, 2011
Numerator:
Net income before preferred dividends	$	3,095		$	3,329
Preferred stock dividends	(758		)	(660		)
Net income applicable to common stockholders	$	2,337		$	2,669
Denominator:
Weighted average common shares for basic EPS	17,720,071			14,858,952
Effect of dilutive securities:
Average price during period	8.33			7.37
Long term incentive stock option plan	479,785			479,785
Average exercise price of stock options	5.66			5.66
Shares that could be acquired with the proceeds of options	325,969			368,369
Dilutive shares due to options	153,816			111,416
Weighted average convertible preferred shares at $6.20	2,419,355			2,419,355
Weighted average common shares for diluted EPS	17,720,071			14,858,952
Basic EPS	$	0.13		$	0.18
Diluted EPS	$	0.13		$	0.18