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Per Share Data
3 Months Ended
Mar. 31, 2012
Per Share Data

Note 2 – Per Share Data

 

The computations of Basic Earnings per Share and Diluted Earnings per Share are as follows:

 

    Three Months Ended  
    March 31,  
    2012     2011  
Basic Earnings per Share:                
Net Income   $ 5,602     $ 4,645  
Weighted Average Shares Outstanding     12,600,435       12,546,310  
Basic Earnings per Share   $ 0.44     $ 0.37  
                 
Diluted Earnings per Share:                
Net Income   $ 5,602     $ 4,645  
                 
Weighted Average Shares Outstanding     12,600,435       12,546,310  
Potentially Dilutive Shares, Net     19,479       8,566  
Diluted Weighted Average Shares Outstanding     12,619,914       12,554,876  
Diluted Earnings per Share   $ 0.44     $ 0.37  

 

Stock options for 89,275 shares of common stock were not considered in computing diluted earnings per share for the quarter ended March 31, 2011 because they were anti-dilutive.