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1. Business Description, Basis of Presentation and Significant Accounting Policies (Tables)
3 Months Ended
Jun. 30, 2012
Earnings Per Share - The Following Table Sets Forth The Computation of Basic and Diluted Earnings Per Common Share: [Abstract]  
Earnings Per Share - The Following Table Sets Forth The Computation of Basic and Diluted Earnings Per Common Share:

Earnings Per Share – The following table sets forth the computation of basic and diluted earnings per common share:

Three months ended June 30,

Six months ended June 30,

                                    2012

                2011

               2012

              2011

Numerator:

 

 

 

 

 

Net income

$             575

  $          1,321

 

$          1,028

$         2,133

Denominator:

 

 

 

 

 

Basic weighted average shares

    9,107,420

      8,992,500

 

     9,102,786

    8,962,171

Dilutive common stock equivalents using treasury stock method

        119,006

         441,150

 

         121,941

       317,629

Diluted weighted average shares

    9,226,426

      9,433,650

 

     9,224,727

    9,279,800

 

 

 

 

 

 

Basic earnings per common share:

$            0.06

  $            0.15

 

$            0.11

$            0.24

Diluted earnings per common share:

$            0.06

  $            0.14

 

$            0.11

$            0.23

 

 

 

 

 

 

Weighted average options outstanding

    1,207,302

      1,133,449

 

     1,185,414

    1,169,975

Anti-dilutive options not included in the computations

        630,737

              5,000

 

         630,737

            5,000