Earnings Per Share and Capital Transactions

9 Months Ended

Sep. 30, 2011

Earnings Per Share and Capital Transactions [Abstract]

Earnings Per Share and Capital Transactions

6.) Earnings Per Share and Capital Transactions:

The following table sets forth the computation of basic earnings per common share and diluted earnings per common share. Basic earnings per share is computed by dividing net income by the weighted average number of shares outstanding during the applicable period.

	THREES MONTHS ENDED				NINE MONTHS ENDED
	September 30,				September 30,
	2011		2010		2011		2010
Net income	$	1,054	$	17	$	3,244	$	2,235
Weighted average common shares outstanding		4,525,537		4,525,544		4,525,539		4,525,547
Basic earnings per share	$	0.24	$	—	$	0.72	$	0.49
Diluted earnings per share	$	0.24	$	—	$	0.72	$	0.49