XML 19 R39.htm IDEA: XBRL DOCUMENT v2.4.0.6

Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2012

Earnings per Share [Abstract]

Earning per share - basic and diluted

		2012				2011				2010
Basic earnings (loss) per common share:
Net income (loss)		$	2,821,969			$	2,857,270			$	(3,551,740	)
Less:
Preferred stock dividends			1,124,417				1,512,750				1,512,750
Accretion of discount on preferred stock			659,244				476,474				476,474
Net income (loss) available to common shareholders		$	1,038,308			$	868,046			$	(5,540,964	)
Basic earnings (loss) per share		$	0.21			$	0.18			$	(1.15	)
Diluted earnings (loss) per common share:
Net income (loss)		$	2,821,969			$	2,857,270			$	(3,551,740	)
Less:
Preferred stock dividends			1,124,417				1,512,750				1,512,750
Accretion of discount on preferred stock			659,244				476,474				476,474
Net income (loss) available to common shareholders		$	1,038,308			$	868,046			$	(5,540,964	)
Average shares outstanding			4,839,114				4,839,114				4,839,114
Effect of dilutive stock options			0				0				0
Average shares outstanding including dilutive stock options			4,839,114				4,839,114				4,839,114
Diluted earnings (loss) per share		$	0.21			$	0.18			$	(1.15	)

Summary of anti-dilutive shares

		2012				2011				2010
Anti-dilutive shares—option shares			215,343				270,634				270,835
Anti-dilutive shares—warrant shares			287,133				287,133				287,133
Total anti-dilutive shares			502,476				557,767				557,968

X

- Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration