Basic earnings per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted earnings per share reflects the potential dilution of restricted stock and common stock warrants. Net income available to common stockholders represents net income (loss) after preferred stock dividends. The following table presents earnings per share for the three month and six month period ended June 30, 2012 and 2011:

	Three Months Ended				Six Months Ended
	June 30				June 30
	2012		2011		2012		2011

Numerator
Net Income (Loss) Available to Common Stockholders	$	403	$	189	$	592	$	895

Denominator
Weighted Average Number of Common Shares
Outstanding for Basic Earnings Per Common Share		8,439		8,442		8,439		8,440

Dilutive Effect of Potential Common Stock
Restricted Stock		--		--		--		--
Stock Warrants		--		--		--		--
Weighted-Average Number of Shares Outstanding for Diluted Earnings Per Common Share		8,439		8,442		8,439		8,440

Earnings (Loss) Per Share - Basic	$	0.05	$	0.02	$	0.07	$	0.11

Earnings (Loss) Per Share - Diluted	$	0.05	$	0.02	$	0.07	$	0.11

For the six months ended June 30, 2012 and 2011, 500 and 503 shares of common stock equivalents, respectively, were excluded from the calculation of diluted earnings per share because they would have an anti-dilutive effect.