Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings Per Share

Schedule of reconciliation of factors used in computing basic and diluted earnings (loss) per common share

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2012		2011		2012		2011
Net income available to common shareholders	$	2,679	$	1,482	$	3,548	$	2,467
Less: net income allocated to Series C Preferred Stock		470		260		623		434
Net income allocated to common shareholders	$	2,209	$	1,222	$	2,925	$	2,033
Weighted average common shares outstanding for basic earnings per common share		26,290,480		26,243,334		26,289,907		26,238,168
Dilutive effect of stock options oustanding, using the the treasury stock method		27,011		3,675		28,058		5,566
Shares used in computing diluted earnings per common share		26,317,491		26,247,009		26,317,965		26,243,734
Basic earnings per share	$	0.08	$	0.05	$	0.11	$	0.08
Diluted earnings per share	$	0.08	$	0.05	$	0.11	$	0.08