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Exhibit 11
COMPUTATION OF PER SHARE EARNINGS
Three Months Ended | Nine Months Ended | |||||||||||||||
September 30, | September 30, | |||||||||||||||
2009 | 2008 | 2009 | 2008 | |||||||||||||
(In thousands, except per share data) | ||||||||||||||||
BASIC | ||||||||||||||||
Net income (loss) available to common | $ | (2,472 | ) | $ | 104 | $ | (4,974 | ) | $ | 619 | ||||||
Shareholder | ||||||||||||||||
/ Weighted Average Shares | 3,737 | 3,731 | 3,736 | 3,729 | ||||||||||||
Basic Earnings (loss) per Share | $ | (0.66 | ) | $ | 0.03 | $ | (1.33 | ) | $ | 0.17 | ||||||
DILUTED | ||||||||||||||||
Net income (loss) available to common | $ | (2,472 | ) | $ | 104 | $ | (4,974 | ) | $ | 619 | ||||||
Shareholder | ||||||||||||||||
/ Weighted Average Shares | 3,736 | 3,734 | 3,736 | 3,732 | ||||||||||||
Diluted Earnings (loss) per Share | $ | (0.66 | ) | $ | 0.03 | $ | (1.33 | ) | $ | 0.17 | ||||||