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Presentation of Financial Information (Tables)
 6 Months Ended
Jun. 30, 2012
Organization, Consolidation and Presentation Of Financial Statements [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following is a summary of the basic and diluted earnings per share for the three and six month periods ended June 30, 2012 and June 30, 2011.

 

    Three Months Ended June 30,  
Basic earnings per common share calculation:    2012     2011  
Numerator: Net income available to common shareholders   $ 15,313     $ 14,274  
Denominator: Weighted avg. common shares outstanding     6,500,396       6,500,396  
Effect of dilutive stock options     81,002       -  
Diluted shares     6,581,398       6,500,396  
                 
Basic earnings per common share   $ 0.00     $ 0.00  
Diluted earnings per common share   $ 0.00     $ 0.00  

 

    Six Months Ended June 30,  
Basic earnings per common share calculation:    2012     2011  
Numerator: Net income available to common shareholders   $ 91,506     $ 173,474  
Denominator: Weighted avg. common shares outstanding     6,500,396       6,500,396  
Effect of dilutive stock options     83,498       -  
Diluted shares     6,583,894       6,500,396  
               -  
Basic earnings per common share   $ 0.01     $ 0.02  
Diluted earnings per common share   $ 0.01     $ 0.02