Earnings Per Share
9 Months Ended
Sep. 30, 2012
Earnings Per Share

14. Earnings Per Share

Due to the Company’s capital structure and the absence of other potentially dilutive securities, there is no difference between basic and diluted earnings per common share for any of the periods reported. The average numbers of shares outstanding for the quarters ended September 30, 2012 and 2011 were 11,056,999 and 11,432,209, respectively. The average numbers of shares outstanding for the nine months ended September 30, 2012 and 2011 were 11,111,490 and 11,453,124, respectively. The number of shares outstanding at September 30, 2012 and December 31, 2011 was 11,057,052 and 11,309,365, respectively.