XML 29 R18.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Earnings Per Share
6 Months Ended
Jun. 30, 2011
Earnings Per Share [Abstract]  
Earnings Per Share
Note 11 – Earnings Per Share

The following shows the weighted average number of shares used in computing earnings per share and the effect on weighted average number of shares of potentially dilutive common stock.  Potentially dilutive common stock had no effect on income available to common shareholders.

   
Three Months Ended
 
   
June 30,
 
   
2011
  
2010
 
      
Per
     
Per
 
      
Share
     
Share
 
   
Shares
  
Amount
  
Shares
  
Amount
 
Basic
  6,154,396  $.16   6,123,790  $.33 
Effect of dilutive securities - stock options
  6,869   -   6,153   - 
Diluted
  6,161,265  $.16   6,129,943  $.33 
                  

   
Six Months Ended
 
   
June 30,
 
   
2011
  
2010
 
      
Per
     
Per
 
      
Share
     
Share
 
   
Shares
  
Amount
  
Shares
  
Amount
 
Basic
  6,149,029  $.45   6,121,615  $.69 
Effect of dilutive securities - stock options
  8,003   -   5,522   - 
Diluted
  6,157,032  $.45   6,127,137  $.69 

Stock options on common stock which were not included in computing diluted earnings per share for the six month periods ended June 30, 2011 and 2010, because their effects were antidilutive, averaged 82,177 and 82,627, respectively.