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Note 2 - Stock-based Compensation
9 Months Ended
Sep. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
NOTE 2 - STOCK-BASED COMPENSATION

The Company has no unvested stock options outstanding and no unrecognized stock-based compensation costs outstanding as of September 30, 2012.

Stock option activity during the nine months ended September 30, 2012 and 2011 is as follows:

   
2012
   
Weighted-
average
Exercise
Price
   
2011
   
Weighted-
average
Exercise
Price
 
                         
Outstanding, January 1
    88,774     $ 26.81       89,077     $ 27.87  
Granted
    -       -       9,000       17.55  
Exercised
    -       -       -       -  
Forfeited
    (420 )     36.86       (7,549 )     29.22  
                                 
Outstanding, September 30
    88,354     $ 26.76       90,528     $ 26.73  
                                 
Exercisable, September 30
    88,354     $ 26.76       81,528     $ 27.75