Earnings per Common Share:

3 Months Ended

Mar. 31, 2012

Earnings per Common Share: [Abstract]

Earnings per Common Share:

(5) Earnings per Common Share:

Basic earnings per share are net income available to common shareholders divided by the weighted average number of common shares outstanding during the period. Diluted earnings per common share include the dilutive effect, if any, of additional potential common shares issuable under stock options, computed using the treasury stock method.

	Three months ended  March 31,
	2012		2011
Basic
Net income	$	1,293	$	753
Preferred stock dividends and discount accretion		294		293
Net income available to common shareholders	$	999	$	460
Weighted average common shares outstanding		7,707,917		7,707,917
Basic earnings per common share	$	0.13	$	0.06
Diluted
Net income	$	1,293	$	753
Preferred stock dividends and discount accretion		294		293
Net income available to common shareholders	$	999	$	460
Weighted average common shares outstanding for basic earnings per common share		7,707,917		7,707,917
Add: Dilutive effects of assumed exercises of stock options		—		—
Average shares and dilutive potential common shares outstanding		7,707,917		7,707,917
Diluted earnings per common share	$	0.13	$	0.06

Stock options for 29,500 common shares that have a price range of $20.50 to $35 and warrants for 469,312 common shares that have a price of $7.41 were not considered in computing diluted earnings per common share for the three-month periods ended March 31, 2012 and March 31, 2011 because they were anti-dilutive.