Quarterly report pursuant to sections 13 or 15(d)

9. EARNINGS PER SHARE (Tables)

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9. EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2012
Earnings Per Share Tables  
Earning Per Share

The following tables compute basic and diluted earnings per share (in thousands, except per share data):

 

    Three Months Ended June 30, 2012  
    Loss
Numerator		     Shares Denominator     Per-Share Amount  
Net loss   $ (2,629 )                
Less: Preferred stock dividends     (315 )                
Basic and diluted loss per share:                        
Loss available to common stockholders   $ (2,944 )     86,386     $ (0.03 )

 

    Three Months Ended June 30, 2011  
    Income Numerator     Shares Denominator     Per-Share Amount  
Net income   $ 750                  
Less: Preferred stock dividends     (315 )                
Basic and diluted income per share:                        
Income available to common stockholders   $ 435       16,768     $ 0.03  

 

    Six Months Ended June 30, 2012  
    Loss
Numerator		     Shares Denominator     Per-Share Amount  
Net loss   $ (7,582 )                
Less: Preferred stock dividends     (630 )                
Basic and diluted income per share:                        
Loss available to common stockholders   $ (8,212 )     86,304     $ (0.10 )

 

    Six Months Ended June 30, 2011  
    Income Numerator     Shares Denominator     Per-Share Amount  
Net income   $ 768                  
Less: Preferred stock dividends     (627 )                
Basic and diluted loss per share:                        
Income available to common stockholders   $ 141       15,183     $ 0.01