EARNINGS PER COMMON SHARE

3 Months Ended

Mar. 31, 2012

EARNINGS PER COMMON SHARE [Abstract]

EARNINGS PER COMMON SHARE

NOTE E - EARNINGS PER COMMON SHARE

Basic per share data is calculated based on the weighted average number of common shares outstanding during    the reporting period.  Diluted per share data includes any dilution from potential common stock outstanding, such as the exercise of stock options.  For the periods presented below, there were no potential dilutive common shares.  All weighted average, actual shares or per share information in the financial statements have been adjusted retroactively for the effect of stock dividends.

	For the Three Months Ended
	March 31, 2012
	Basic income
	applicable to
	common
	shareholders		Shares		Per Share
	(Numerator)		(Denominator)		Data
Basic per Share	$	742,040		2,883,309	$	0.26
	For the Three Months Ended
	March 31, 2011
	Basic income
	applicable to
	common
	shareholders		Shares		Per Share
	(Numerator)		(Denominator)		Data
Basic per Share	$	461,265		2,883,209	$	0.16