Earnings Per Share

12 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 16—EARNINGS PER SHARE

The factors used in the earnings per share computation follow:

		September 30,		September 30,		September 30,
	2011		2010		2009
Basic EPS
Net income	$	9,218	$	8,991	$	5,842
Weighted average shares outstanding		18,271,580		13,563,734		13,363,445
Basic earnings per share	$	.50	$	.66	$	.44
Diluted EPS
Net income	$	9,218	$	8,991	$	5,842
Weighted average shares out-standing for basic earnings per share		18,271,580		13,563,734		13,363,445
Effect of Stock Options		0		0		0
Weighted average shares for diluted earnings per share		18,271,580		13,563,734		13,363,445
Diluted earnings per share	$	.50	$	.66	$	.44

Stock options for 5,000, 28,500 and 37,000 shares of common stock were not considered in computing diluted earnings per share for 2011, 2010 and 2009, respectively, because they were antidilutive.