Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share

Schedule of reconciliation of factors used in computing basic and diluted earnings per common share

	For the Three Months Ended March 31,
	2015			2014
	(Dollars in thousands, except per share amounts)
Net income available to common shareholders	$	3,690		$	2,852
Less: undistributed earnings allocated to Series C Preferred Stock		(274	)		(315	)
Distributed and undistributed earnings allocated to common shareholders	$	3,416		$	2,537
Weighted average common shares outstanding for basic earnings per common share		26,509,723			26,359,825
Dilutive effect of stock options oustanding, using the the treasury stock method		170,530			123,263
Shares used in computing diluted earnings per common share		26,680,253			26,483,088
Basic earnings per share	$	0.13		$	0.10
Diluted earnings per share	$	0.13		$	0.10