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Net Income per Share (Tables)
9 Months Ended
Sep. 30, 2012
Net Income per Share [Abstract]  
Reconciliation Of The Calculation Of Basic And Diluted Income Per Share [TableTextBlock]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended September 30,

 

For the nine months ended September 30,

(In thousands, except per share amounts)

 

2012

 

2011

 

2012

 

2011

Net income

 

$

1,196 

 

$

1,086 

 

$

3,077 

 

$

1,950 

Less: Preferred stock dividends and discount accretion

 

 

397 

 

 

386 

 

 

1,195 

 

 

1,164 

Income available to common shareholders

 

$

799 

 

$

700 

 

$

1,882 

 

$

786 

Weighted average common shares outstanding - Basic

 

 

7,473 

 

 

7,413 

 

 

7,465 

 

 

7,301 

Plus: Potential dilutive common stock equivalents

 

 

309 

 

 

368 

 

 

321 

 

 

418 

Weighted average common shares outstanding - Diluted

 

 

7,782 

 

 

7,781 

 

 

7,786 

 

 

7,719 

Net income per common share - Basic

 

$

0.11 

 

$

0.09 

 

$

0.25 

 

$

0.11 

Net income per common share - Diluted

 

 

0.10 

 

 

0.09 

 

 

0.24 

 

 

0.10 

Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive

 

 

499 

 

 

385 

 

 

505 

 

 

358