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Per Share Data
6 Months Ended
Jun. 30, 2011
Per Share Data
Note 2 – Per Share Data
 
The computations of Earnings per Share and Diluted Earnings per Share are as follows:
 
   
Three Months Ended
 
   
June 30,
 
Earnings per Share:
 
2011
   
2010
 
Net Income
  $ 4,864     $ 3,408  
Weighted Average Shares Outstanding
    12,592,324       11,103,095  
Earnings per Share
  $ 0.39     $ 0.31  
                 
Diluted Earnings per Share:
               
Net Income
  $ 4,864     $ 3,408  
                 
Weighted Average Shares Outstanding
    12,592,324       11,103,095  
Potentially Dilutive Shares, Net
    5,555       5,065  
Diluted Weighted Average Shares Outstanding
    12,597,879       11,108,160  
Diluted Earnings per Share
  $ 0.39     $ 0.31  

Stock options for 89,275 and 99,275 shares of common stock were not considered in computing diluted earnings per share for the quarters ended June 30, 2011 and 2010, respectively, because they were anti-dilutive.

The computations of Earnings per Share and Diluted Earnings per Share are as follows:
 
   
Six Months Ended
 
   
June 30,
 
Earnings per Share:
 
2011
   
2010
 
Net Income
  $ 9,509     $ 6,659  
Weighted Average Shares Outstanding
    12,546,310       11,092,447  
Earnings per Share
  $ 0.76     $ 0.60  
                 
Diluted Earnings per Share:
               
Net Income
  $ 9,509     $ 6,659  
                 
Weighted Average Shares Outstanding
    12,546,310       11,092,447  
Potentially Dilutive Shares, Net
    6,221       4,896  
Diluted Weighted Average Shares Outstanding
    12,552,531       11,097,343  
Diluted Earnings per Share
  $ 0.76     $ 0.60  

Stock options for 89,275 and 99,275 shares of common stock were not considered in computing diluted earnings per share for the six months ended June 30, 2011 and 2010, respectively, because they were anti-dilutive.