Earnings Per Share

12 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 3 - EARNINGS PER SHARE

The factors in the earnings per share computation follow.

(000s omitted except share and per share data)	2011			2010
Basic
Net loss	$	(1,512	)	$	(5,385	)
Weighted average common shares outstanding		2,337,140			2,272,065
Basic loss per common share	$	(0.65	)	$	(2.37	)
Diluted
Net loss	$	(1,512	)	$	(5,385	)
Weighted average common shares outstanding for basic earnings per common share		2,337,140			2,272,065
Add: Dilutive effects of assumed exercises of stock options		0			0
Average shares and dilutive potential		2,337,140			2,272,065
common shares
Diluted loss per common share	$	(0.65	)	$	(2.37	)

The factors in the earnings per share of continuing operations follow:

(000s omitted except share and per share data)	2011			2010
Basic
Net loss of continuing operations	$	(2,003	)	$	(5,352	)
Weighted average common shares outstanding		2,337,140			2,272,065
Basic loss per common share from continuing operations	$	(0.86	)	$	(2.36	)
Diluted
Net loss of continuing operations	$	(2,003	)	$	(5,352	)
Weighted average common shares outstanding for basic earnings per common share		2,337,140			2,272,065
Add: Dilutive effects of assumed exercises of stock options		0			0
Average shares and dilutive potential		2,337,140			2,272,065
common shares
Diluted loss per common share from continuing operations	$	(0.86	)	$	(2.36	)

Stock options for 13,786, and 18,872 shares of common stock were not considered in computing diluted earnings per common share for 2011 and 2010 respectively, because they were antidilutive.