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Earnings Per Common Share
6 Months Ended
Jun. 30, 2013
Earnings Per Common Share [Abstract]  
Earnings Per Common Share
9.  Earnings Per Common Share
 
Basic net income per common share is based upon the weighted average number of common shares outstanding.  Diluted net income per common share is based upon the weighted average number of common shares outstanding, including the dilutive effect of restricted stock, using the if-converted methods.  The following table shows a reconciliation of the numerators and denominators used in calculating basic and diluted earnings per share.
 
 
 
Three Months Ended
 
 
Six Months Ended
 
 
 
June 30,
 
 
June 30,
 
 
 
2013
 
 
2012
 
 
2013
 
 
2012
 
 Numerators
 
 
 
 
 
 
 
 
 
 
 
 
 Net income
 
$
4,664
 
 
$
5,105
 
 
$
6,501
 
 
$
9,897
 
 Denominators
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Weighted average common shares - basic
 
 
12,612,389
 
 
 
11,671,388
 
 
 
12,597,381
 
 
 
11,644,698
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Dilutive effect of restricted stock
 
 
107,983
 
 
 
162,115
 
 
 
100,566
 
 
 
165,274
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Weighted average common shares - diluted
 
 
12,720,372
 
 
 
11,833,503
 
 
 
12,697,947
 
 
 
11,809,972
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Basic earnings per share
 
$
0.37
 
 
$
0.44
 
 
$
0.52
 
 
$
0.85
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Diluted earnings per share
 
$
0.37
 
 
$
0.43
 
 
$
0.51
 
 
$
0.84