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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2011
EARNINGS PER SHARE [Abstract]  
EARNINGS PER SHARE
10.    EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per common share for the years ended December 31:

(In thousands, except share and per share data)
 
2011
   
2010
   
2009
                 
Net income (A)
$
4,452
 
$
3,017
 
$
1,299
Weighted average number of basic common shares outstanding (B)
 
8,853,643
   
8,715,391
   
8,536,768
Dilutive effect of stock options computed based on the treasury stock method using average market price
 
182,252
   
152,139
   
251,895
Weighted average number of diluted common shares outstanding (C)
 
9,035,895
   
8,867,530
   
8,788,663
Basic earnings per common share (A/B)
$
0.50
 
$
0.35
 
$
0.15
Diluted earnings per common share (A/C)
$
0.49
 
$
0.34
 
$
0.15