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Net income for 2009 was $1.1 million, or $0.01 per diluted common share, compared to net income of $14.1 million, or $0.20 per diluted common share in 2008. Earnings per diluted share for 2008 were negatively impacted by $0.13 due to the after-tax impact of the $13.2 million merger related stock based compensation expense. Please see Table A for more background on the impact of the merger related stock based compensation expense on the 2008 results.
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