Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings per share are summarized in the following table (figures in thousands except earnings per share):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
Net income	$	612	$	181	$	1,752	$	1,131
Less net income attributable to participating securities(1)		7		2		19		12
Net income available to common shareholders	$	605	$	179	$	1,733		1,119

Weighted average number of shares outstanding, basic		2,588		2,583		2,586		2,583
Weighted average number of shares outstanding, diluted		2,628		2,609		2,616		2,610

Earnings per share, basic	$	0.24	$	0.07	$	0.68	$	0.44
Earnings per share, diluted	$	0.23	$	0.07	$	0.67	$	0.43

(1) Represents dividends paid and undistributed earnings allocated to nonvested restricted stock awards.