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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share  
Schedule of number of stock options excluded from the computations of diluted earnings per share

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2013

 

2012

 

Stock options excluded

 

102,193

 

271,511

 

Schedule of Company's unaudited earnings per share calculations

 

 

 

 

 

Three Months Ended March 31,

 

 

 

2013

 

2012

 

 

 

Net

 

 

 

Per Share

 

Net

 

 

 

Per Share

 

 

 

Income

 

Shares

 

Amount

 

Income

 

Shares

 

Amount

 

 

 

(dollars in thousands, except per share data)

 

Net income

 

$

1,972

 

 

 

 

 

$

2,692

 

 

 

 

 

Basic income available to common stockholders

 

1,972

 

14,355,407

 

$

0.14

 

2,692

 

10,335,935

 

$

0.26

 

Effect of warrants and dilutive stock options

 

 

761,809

 

 

 

 

290,239

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted income available to common stockholders plus assumed conversions

 

$

1,972

 

15,117,216

 

$

0.13

 

$

2,692

 

10,626,174

 

$

0.25