XML 57 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
PRINCIPLES OF CONSOLIDATION AND PRESENTATION (Tables)
 3 Months Ended
Mar. 31, 2013
PRINCIPLES OF CONSOLIDATION AND PRESENTATION  
Schedule of the reconciliation of the numerators and denominators of the basic and diluted earnings per share computations

 

 

 

 

Three Months Ended

 

 

March 31,

 

 

2013

 

2012

 

 

(Unaudited)

 

 

 

 

 

Net income

 

$

 1,827,000

 

$

 1,187,000

 

 

 

 

 

Weighted-average common shares outstanding (1)

 

12,325,321

 

12,878,960

Average common stock acquired by stock benefit plans:

 

 

 

 

ESOP shares unallocated

 

(610,957)

 

(676,010)

Shares purchased by trust

 

(338,310)

 

(394,318)

Weighted-average common shares used to calculate basic earnings per share

 

11,376,054

 

11,808,632

Dilutive effect of:

 

 

 

 

Restricted stock awards

 

38,371

 

33,698

Stock option awards

 

188,208

 

59,407

Weighted-average common shares used to calculate diluted earnings per share

 

11,602,633

 

11,901,737

 

 

 

 

 

Earnings per share-basic

 

$

 0.16

 

$

 0.10

Earnings per share-diluted

 

$

 0.16

 

$

 0.10

 

 

 

 

 

Outstanding common stock equivalents having no dilutive effect

 

1,147,912

 

786,280

 

 

 

 

 

(1) Excludes treasury stock.