EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2012

Reconciliation of Net Income and Weighted Average Shares Used in Computation of Basic and Diluted Earnings Per Share

The following table is a reconciliation of the net income and the weighted average shares used in the computation of basic and diluted earnings per share for the periods presented:

	For the Three Months				For the Six Months
	Ended June 30,				Ended June 30,
	2012		2011		2012		2011
Income available to common shareholders:
- Basic and diluted	$	13,446,666	$	14,366,076	$	24,921,678	$	26,878,062
Weighted average number of shares:
- Basic		29,820,836		29,872,934		29,810,996		29,865,896
- Effect of dilutive warrants and options		197,149		238,208		238,340		334,191
- Diluted		30,017,985		30,111,142		30,049,336		30,200,087
Net income per share
- Basic	$	0.45	$	0.48	$	0.84	$	0.90
- Diluted	$	0.45	$	0.48	$	0.83	$	0.89