EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2012

Notes To Financial Statements [Abstract]

EARNINGS PER SHARE

NOTE 2. EARNINGS PER SHARE

Basic earnings per common share is net income available to common shareholders divided by the weighted average number of common shares outstanding during the period.  Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock options, stock awards and warrants.

	Three Months Ended March 31,
	2012	2011
Weighted average shares outstanding for basic earnings per common share	16,280,416	16,195,352
Dilutive effect of stock options, awards and warrants	158,827	89,809
Weighted average shares outstanding for diluted earnings per common share	16,439,243	16,285,161
Basic earnings per common share	$              0.53	$              0.37
Diluted earnings per common share	$              0.52	$              0.37

Stock options for 0 and 70,000 shares for the three-month periods ended March 31, 2012 and 2011 were not considered in computing diluted earnings per common share because they were antidilutive.