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Net Income per Share (Tables)
6 Months Ended
Jun. 30, 2012
Net Income per Share [Abstract]  
Reconciliation Of The Calculation Of Basic And Diluted Income Per Share [TableTextBlock]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended June 30,

 

For the six months ended June 30,

(In thousands, except per share amounts)

 

2012

 

2011

 

2012

 

2011

Net income

 

$

 976

 

$

 644

 

$

 1,881

 

$

 863

Less: Preferred stock dividends and discount accretion

 

 

 401

 

 

 395

 

 

 797

 

 

 778

Income available to common shareholders

 

$

 575

 

$

 249

 

$

 1,084

 

$

 85

Weighted average common shares outstanding - Basic

 

 

 7,462

 

 

 7,271

 

 

 7,461

 

 

 7,245

Plus: Potential dilutive common stock equivalents

 

 

 322

 

 

 439

 

 

 327

 

 

 443

Weighted average common shares outstanding - Diluted

 

 

 7,784

 

 

 7,710

 

 

 7,788

 

 

 7,688

Net income per common share - Basic

 

$

 0.08

 

$

 0.03

 

$

 0.15

 

$

 0.01

Net income per common share - Diluted

 

 

 0.07

 

 

 0.03

 

 

 0.14

 

 

 0.01

Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive

 

 

 505

 

 

 346

 

 

 504

 

 

 345