Earnings Per Share |
Earnings per share were computed as follows:
|
|
Three Months Ended June
30, |
|
|
|
2012 |
|
|
2011 |
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
Net |
|
|
Average |
|
|
Per-Share |
|
|
Net |
|
|
Average |
|
|
Per-Share |
|
|
|
Income |
|
|
Shares |
|
|
Amount |
|
|
Income |
|
|
Shares |
|
|
Amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic Earnings Per Share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
income |
|
$ |
1,644 |
|
|
|
6,933,255 |
|
|
|
|
|
|
$ |
1,681 |
|
|
|
6,903,151 |
|
|
$ |
0.24 |
|
Dividends and accretion on preferred stock |
|
|
(362 |
) |
|
|
|
|
|
|
|
|
|
|
(451 |
) |
|
|
|
|
|
|
|
|
Income available to common stockholders |
|
$ |
1,282 |
|
|
|
6,933,255 |
|
|
$ |
0.18 |
|
|
$ |
1,230 |
|
|
|
6,903,151 |
|
|
$ |
0.18 |
|
Effect of Dilutive
securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock
options and RRP grants |
|
|
|
|
|
|
55,624 |
|
|
|
|
|
|
|
|
|
|
|
102,731 |
|
|
|
|
|
Diluted Earnings Per Share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income available to common stockholders and assumed
conversions |
|
$ |
1,282 |
|
|
|
6,988,879 |
|
|
$ |
0.18 |
|
|
$ |
1,230 |
|
|
|
7,005,882 |
|
|
$ |
0.18 |
|
|
|
Six Months Ended June 30, |
|
|
|
2012 |
|
|
2011 |
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
|
|
Weighted- |
|
|
|
|
|
|
Net |
|
|
Average |
|
|
Per-Share |
|
|
Net |
|
|
Average |
|
|
Per-Share |
|
|
|
Income |
|
|
Shares |
|
|
Amount |
|
|
Income |
|
|
Shares |
|
|
Amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic Earnings Per Share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
income |
|
$ |
3,070 |
|
|
|
6,933,255 |
|
|
|
|
|
|
$ |
988 |
|
|
|
6,898,195 |
|
|
|
|
|
Dividends and accretion on preferred stock |
|
|
(723 |
) |
|
|
|
|
|
|
|
|
|
|
(902 |
) |
|
|
|
|
|
|
|
|
Income available to common stockholders |
|
$ |
2,347 |
|
|
|
6,933,255 |
|
|
$ |
0.34 |
|
|
$ |
86 |
|
|
|
6,898,195 |
|
|
$ |
0.01 |
|
Effect of Dilutive
securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stock
options and RRP grants |
|
|
|
|
|
|
83,738 |
|
|
|
|
|
|
|
|
|
|
|
126,725 |
|
|
|
|
|
Diluted Earnings Per Share |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income available to common stockholders and assumed
conversions |
|
$ |
2,347 |
|
|
|
7,016,993 |
|
|
$ |
0.33 |
|
|
$ |
86 |
|
|
|
7,024,920 |
|
|
$ |
0.01 |
|
|