EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2012

EARNINGS PER SHARE

Schedule of computation of earnings per share

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
	(in thousands except per share data)
Basic earnings per share computation:
Net income	$	3,640	$	3,113	$	6,083	$	4,494
Less income allocated to participating awards	23		49		48		70
Net income applicable to common shareholders	$	3,617	$	3,064	$	6,035	$	4,424
Weighted average common shares outstanding	11,562		11,467		11,543		11,459
Basic earnings per share	$	0.31	$	0.27	$	0.52	$	0.39
Diluted earnings per share computation:
Net income	$	3,640	$	3,113	$	6,083	$	4,494
Less income allocated to participating awards	23		49		48		70
Net income applicable to common shareholders	$	3,617	$	3,064	$	6,035	$	4,424
Weighted average common shares outstanding	11,562		11,467		11,543		11,459
Assumed exercise of stock options	24		28		24		27
Assumed satisfaction of RSA conditions	14		—		11		—
Weighted average common shares outstanding	11,600		11,495		11,578		11,486
Diluted earnings per share	$	0.31	$	0.27	$	0.52	$	0.39