Earnings per Common Share

12 Months Ended

Dec. 31, 2011

Earnings per Common Share [Abstract]

Earnings per Common Share

NOTE 10, Earnings per Common Share

Earnings per common share has been computed based on the following:

	Years Ended December 31,
	2011		2010		2009
	(in thousands)
Net Income applicable to common stock	$	3,290	$	1,547	$	1,682
Average number of common shares outstanding		4,952		4,928		4,908
Effect of dilutive options		0		4		27
Average number of common shares outstanding used to
calculate diluted earnings per common share		4,952		4,932		4,935

The Company did not include an average of 191 thousand, 206 thousand and 186 thousand potential common shares attributable to outstanding stock options in the diluted earnings per share calculation for 2011, 2010 and 2009, respectively, because they were antidilutive.