Earnings Per Share:

6 Months Ended

Jun. 30, 2011

Earnings Per Share:

The computation of basic and diluted earnings per share is shown in the following table:


	Three Months Ended				Six Months Ended
(In Thousands, except Share and	June 30,				June 30,
Per Share Data)	2011		2010		2011		2010
Basic EPS computation
Numerator — Net income	$	2,117	$	2,034	$	3,807	$	2,881
Denominator — Weighted average shares outstanding		18,674,213		13,546,569		17,820,254		13,533,302
Basic earnings per share	$	.11	$	.15	$	.21	$	.21


Diluted EPS computation
Numerator — Net income	$	2,117	$	2,034	$	3,807	$	2,881
Denominator — Weighted average shares outstanding for basic earnings per share		18,674,213		13,546,569		17,820,254		13,533,302
Effect of Stock Options		0		0		0		0

Weighted averages shares for diluted earnings per share		18,674,213		13,546,569		17,820,254		13,533,302

Diluted earnings per share	$	.11	$	.15	$	.21	$	.21

Stock options for 28,500 and 34,000 shares were not considered in the computing of diluted earnings per share for 2011 and 2010, respectively, because they were antidilutive.