Earnings Per Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share

NOTE 3 - EARNINGS PER SHARE

The following table represents the reconciliation of the numerators and denominators of the Company's basic earnings per share and diluted earnings per share computations reported on the Consolidated Statements of Operations for the three and six months ended June 30, 2011 and 2010:

	Three Months Ended				Six Months Ended
	June 30				June 30
	2011		2010 2009		2011		2010
Basic Earnings Per Share
Net income numerator	$	706,687	$	448,223	$	1,821,034	$	947,416
Weighted average shares outstanding denominator		5,334,119		5,308,548		5,334,166		5,307,376
Basic Earnings Per Share	$	0.13	$	0.08	$	0.34	$	0.18
Diluted Earnings per Share
Net income numerator	$	706,687	$	448,223	$	1,821,034	$	947,416
Weighted average shares outstanding		5,334,119		5,308,548		5,334,166		5,307,376
Effect of dilutive securities		23,841		41,881		23,848		42,800
Diluted shares outstanding denominator		5,357,960		5,350,429		5,358,014		5,350,176
Diluted Earnings Per Share	$	0.13	$	0.08	$	0.34	$	0.18