Earnings Per Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Earnings Per Share

Basic earnings per share, which excludes the effect of potentially dilutive options, is computed by dividing net income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect potential dilution that could occur if stock options were exercised and excludes anti-dilutive shares. Earnings per share is calculated as follows:

	For the Three Months Ended				For the Six Months Ended
	June 30, 2011		June 30, 2010		June 30, 2011		June 30, 2010
Numerator for both basic and diluted earnings per share:
Net income available to common stockholders	$	1,578	$	3,772	$	5,181	$	7,246
Denominator:
Total average basic common shares outstanding	20,510,254		15,742,336		20,487,549		15,742,336
Effect of dilutive stock options	1,082,164		1,298,096		1,138,268		1,298,096
Total average diluted common shares outstanding	21,592,418		17,040,432		21,625,817		17,040,432
Earnings per share-basic	$	0.08	$	0.24	$	0.25	$	0.46
Earnings per share-diluted	$	0.07	$	0.22	$	0.24	$	0.43