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Earnings (Loss) Per Common Share
9 Months Ended
Sep. 30, 2011
Earnings (Loss) Per Common Share [Abstract] 
Earnings (Loss) Per Common Share
Note 9. Earnings (Loss) per Common Share

Basic earnings (loss) per common share represents income (loss) available to common shareholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per common share reflects additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. There are no potential common shares that would have a dilutive effect. Shares not committed to be released under the Company's leveraged ESOP are not considered to be outstanding. See Note 11 of the consolidated financial statements included in the Company's Annual Report on Form 10-K for the year ended December 31, 2010 for additional information about the Company's leveraged ESOP. The average number of common shares outstanding used to calculate basic and diluted earnings per common share were 2,955,649 and 2,941,750 for the three months ended September 30, 2011 and 2010, respectively, and 2,952,568 and 2,937,402 for the nine months ended September 30, 2011 and 2010, respectively.