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Earnings Per Share
9 Months Ended
Sep. 30, 2011
Earnings (Loss) Per Share [Abstract] 
Earnings Per Share
Note 6.                      Earnings (loss) Per Share

The following table shows the weighted average number of common shares used in computing earnings per share and the effect on the weighted average number of shares of potential dilutive common stock.  Potential dilutive common stock has no effect on income available to common shareholders.
 
   
Nine months ended
 
   
September 30, 2011
  
September 30, 2010
 
      
Per share
     
Per share
 
   
Shares
  
Amount
  
Shares
  
Amount
 
              
Basic earnings (loss) per share
  6,968,999  $0.55   6,931,239  $(0.61)
Effect of dilutive securities:
                
  stock options and grants
  2,296       0     
Diluted earnings (loss) per share
  6,971,295  $0.55   6,931,239  $(0.61)
   
Three months ended
 
   
September 30, 2011
  
September 30, 2010
 
       
Per share
      
Per share
 
   
Shares
  
Amount
  
Shares
  
Amount
 
                  
Basic earnings (loss)  per share
  6,996,932  $0.20   6,934,366  $(0.83)
Effect of dilutive securities:
                
  stock options and grants
  1,562       0     
Diluted earnings (loss) per share
  6,998,494  $0.20   6,934,366  $(0.83)


At September 30, 2011 and 2010, stock options, restricted grants and warrants representing 318,111 and 225,684 shares, respectively, were not included in the calculation of earnings per share because they would have been anti-dilutive.