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Net Income Per Common Share (Tables)
3 Months Ended
Jun. 30, 2012
Net Income Per Common Share  
Schedule of reconciliation of the denominators used in the computation of net income per common share -basic and diluted

 

 

 

 

Three Months Ended
June 30,

 

(Amounts in thousands except earnings per share)

 

2012

 

2011

 

Net income available for shareholders

 

$

2,099

 

$

1,679

 

Weighted average outstanding shares of common stock

 

3,337

 

3,274

 

Dilutive effect of stock options

 

204

 

140

 

Common stock and equivalents

 

3,541

 

3,414

 

 

 

 

 

 

 

Earnings per share:

 

 

 

 

 

Basic

 

$

0.63

 

$

0.51

 

Diluted

 

0.59

 

0.49