Earnings Per Common Share

12 Months Ended

Dec. 31, 2011

Earnings Per Common Share [Abstract]

Earnings Per Common Share

Note 16. Earnings Per Common Share

The following is a summary of the basic and diluted earnings per share for the years ended December 31, 2011 and 2010:

		September 30,		September 30,
	2011		2010
Basic earnings per share calculation:
Numerator: Net income	$	1,907,772	$	843,305
Denominator: Weighted average common shares outstanding		2,528,618		2,511,543
Effect of dilutive stock options		24,635		206
Diluted shares	$	2,553,253	$	2,511,749
Basic earnings per share	$	0.75	$	0.34
Diluted earnings per share	$	0.75	$	0.34