Earnings Per Share

3 Months Ended

Mar. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Earnings Per Share

Basic earnings per share 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 is computed by dividing net income available to common stockholders by the weighted-average number of common shares outstanding adjusted to include the effect of potentially dilutive common shares, which includes outstanding stock options and non-vested restricted stock awards, using the treasury stock method. Potentially dilutive common shares for which the exercise price was greater than the average market price of common shares are excluded from the computation of diluted earnings per share as the effect would be anti-dilutive.

Earnings per share is calculated as follows:	For the Three Months Ended
	March 31, 2012		March 31, 2011
Numerator for both basic and diluted earnings per share:
Net income available to common stockholders	$	3,463	$	3,427
Denominator:
Total average basic common shares outstanding	19,904,819		20,464,592
Effect of dilutive stock options and restricted stock awards	834,377		1,203,741
Total average diluted common shares outstanding	20,739,196		21,668,333
Earnings per share-basic	$	0.17	$	0.17
Earnings per share-diluted	$	0.17	$	0.16
Weighted average anti-dilutive common shares	378,927		88,268