Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2013

Reconciliation of Basic and Diluted Per Share Data

The following table is a reconciliation of basic and diluted per share data for the following periods (dollars in thousands, except per share amounts):

	Three Months Ended March 31,
	2013		2012
Basic
Net income	$	1,205	$	3,846
Weighted average shares outstanding		19,093		18,895
Basic earnings per common share	$	0.06	$	0.20
Diluted
Net income	$	1,205	$	3,846
Weighted average shares outstanding		19,093		18,895
Effect of dilutive securities
Stock options		—		3
Restricted stock		190		192
Weighted average common shares and potential dilutive shares		19,283		19,090
Diluted earnings per common share	$	0.06	$	0.20