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Earnings per share
6 Months Ended
Jun. 30, 2012
Earnings Per Share [Abstract]  
Earnings per share

Note 5: Earnings per share

The following table shows the weighted average number of shares used in computing earnings per share and the effect on the weighted average number of shares of dilutive potential common stock.

 

                                                                 
    Three Months Ended     Six Months Ended  
    June 30, 2012     June 30, 2011     June 30, 2012     June 30, 2011  

(Unaudited)

  Average
Shares
    Per  Share
Amount
    Average
Shares
    Per  share
Amount
    Average
Shares
    Per  Share
Amount
    Average
Shares
    Per  Share
Amount
 
               

Basic earnings per share

    2,610,856     $ 0.04       2,605,856     $ 0.03       2,610,856     $ 0.08       2,605,856     $ 0.08  
                 

Effect of dilutive securities:

                                                               

Stock options

    3,021               —                 1,960               —            
                 

Diluted earnings per share

    2,613,877     $ 0.04       2,605,856     $ 0.03       2,612,816     $ 0.08       2,605,856     $ 0.08  

As of June 30, 2012 and 2011, options on 122,056 and 206,388 shares, respectively, were not included in computing diluted earnings per share, because their effects were anti-dilutive.