Earnings Per Share:

12 Months Ended

Dec. 31, 2011

Earnings Per Share: [Abstract]

Earnings Per Share:

NOTE 14 – Earnings Per Share:

The following table represents a reconciliation of basic and diluted earnings per share:

	2011		2010
Net earnings used in the computation of basic and diluted earnings per share	$	4,136,000	$	3,807,000
Weighted average shares outstanding - basic		5,987,062		5,914,050
Common stock equivalents		107,852		55,788
Total weighted average shares outstanding - diluted		6,094,914		5,969,838
Per Share Data:
Basic
Net earnings	$	0.69	$	0.64
Diluted
Net earnings	$	0.68	$	0.64

Awards to purchase an average of 384,556 shares of common stock with a weighted average exercise price of $12.19 per share were outstanding during 2011 but were not included in the computation of diluted EPS because the awards' exercise prices were greater than the average market price of the common shares. Awards to purchase an average of 504,438 shares of common stock with a weighted average exercise price of $11.84 per share were outstanding during 2010, but were not included in the computation of diluted EPS because the awards' exercise prices were greater than the average market price of the common shares.