Earnings Per Share

6 Months Ended

Jun. 30, 2011

Earnings Per Share

Earnings Per Share

(22) Earnings Per Share

Basic and diluted earnings per share are computed and presented hereafter.  Basic earnings per share is calculated and presented based on income available to common stockholders divided by the weighted average number of shares outstanding during the reporting periods.  Diluted earnings per share reflect the potential dilution of restricted stock.  The following presents earnings per share for the three months and six months ended June 30, 2011 and 2010:

	Three Months Ended						Three Months Ended
	June 30, 2011						June 30, 2010
			Common						Common
	Income		Shares				Income		Shares
	Numerator		Denominator		EPS		Numerator		Denominator		EPS
Basic EPS
Income (Loss) Available to Common Stockholders	$	189		8,442	$	0.02	$	171		8,444	$	0.02
Dilutive Effect of Potential Common Stock
Restricted Stock				--						--
Stock Warrants				--						--
				--						--
Diluted EPS
Income (Loss) Available to Common Stockholders After Assumed Conversions of Dilutive Securities	$	189		8,442	$	0.02	$	171		8,444	$	0.02

	Six Months Ended						Six Months Ended
	June 30, 2011						June 30, 2010
			Common						Common
	Income		Shares				Income		Shares
	Numerator		Denominator		EPS		Numerator		Denominator		EPS
Basic EPS
Income (Loss) Available to Common Stockholders	$	895		8,440	$	0.11	$	505		7,850	$	0.06
Dilutive Effect of Potential Common Stock
Restricted Stock				0						0
Diluted EPS
Income (Loss) Available to Common Stockholders After Assumed Conversions of Dilutive Securities	$	895		8,440	$	0.11	$	505		7,850	$	0.06

For the periods ended June 30, 2011 and 2010, 503 and 512 shares of common stock equivalents, respectively, were excluded from the calculation of diluted earnings per share because they would have an anti-dilutive effect.