Calculation of Basic and Diluted Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2014

Calculation of Basic and Diluted Earnings per Share[Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

(in thousands, except per share amounts)	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Numerator:
Net Income	$	153	$	150	$	860	$	75
Numerator for basic earnings per share -  income available to common shareholders		153		150		860		75
Effect of dilutive securities:
Numerator for diluted earnings per share -  income available to common shareholders  after assumed conversions	$	153	$	150	$	860	$	75
Denominator:
Denominator for basic earnings per share -  weighted-average shares		3,014		2,998		3,014		2,992
Effect of dilutive securities:
Employee stock options		(5)		(1)		-		-
Warrants		393		407		393		204
Dilutive potential common shares		388		406		393		204
Denominator for diluted earnings per share -  weighted-average shares and assumed conversions		3,402		3,404		3,407		3,196
Basic earnings per common share	$	0.05	$	0.05	$	0.29	$	0.03
Diluted earnings per common share	$	0.04	$	0.04	$	0.25	$	0.02