Earnings Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 5: EARNINGS PER SHARE

Basic earnings per share ("EPS") is computed based on the weighted average number of common shares outstanding during the period. Diluted EPS is computed using the treasury stock method and reflects the potential dilution that could occur from the exercise of stock options, and warrants and the unamortized portion of unvested stock awards. Stock options and unvested stock awards for which the exercise or the grant price exceeds the average market price over the period have an anti-dilutive effect on EPS and, accordingly, are excluded from the calculation. Treasury shares are not deemed outstanding for calculations. There were no anti-dilutive stock warrants outstanding, 148,459 anti-dilutive stock options outstanding, and no anti-dilutive stock awards at March 31, 2012. There were no anti-dilutive stock warrants outstanding, 158,975 anti-dilutive stock options outstanding, and no anti-dilutive stock awards at March 31, 2011. See Note 12 for a discussion of stock warrants issued in conjunction with Preferred shares issued to the U.S. Treasury Department as part of the CPP. The following table sets forth the computation of basic and diluted earnings per share:

Three Months Ended March 31
(In thousands, except per share data)	2012						2011
	Income		Shares		Amount		Income		Shares		Amount
Basic EPS
Net income available to common stockholders	$	974		2,702	$	0.36	$	860		2,664	$	0.32
Diluted EPS
Effect of dilutive common stock awards		—		24		—		—		34		—
Net income available to common stockholders	$	974		2,726	$	0.36	$	860		2,698	$	0.32