Quarterly report pursuant to Section 13 or 15(d)

4. Earnings Per Share (Tables)

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4. Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
Reconciliation of Earning per Share
    Net Income     Shares     Per Share Amount  
Basic net income per common share for the three months ended June 30, 2012:                  
Income available to common stockholders   $ 51,444       11,199,782     $ 0.00  
Effect of dilutive stock options     -       11,800       -  
Diluted net income per common share for the three months ended June 30, 2012:   $ 51,444       11,211,582     $ 0.00  
                         
Basic net income per common share for the six months ended June 30, 2012:                        
Income available to common stockholders   $ 28,894       11,198,271     $ 0.00  
Effect of dilutive stock options     -       16,846       -  
Diluted net income per common share for the six months ended June 30, 2012:   $ 28,894       11,215,117     $ 0.00  
                         
Basic net income per common share for the three months ended June 30, 2011:                        
Income available to common stockholders   $ 47,282       11,196,760     $ 0.00  
Effect of dilutive stock options     -       16,706       -  
Diluted net income per common share for the three months ended June 30, 2011:   $ 47,282       11,213,466     $ 0.00  
                         
Basic net income per common share for the six months ended June 30, 2011:                        
Income available to common stockholders   $ 78,445       11,196,760     $ 0.00  
Effect of dilutive stock options     -       26,103       -  
Diluted net income per common share for the six months ended June 30, 2011: