Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2014

The computations are as follows for the three and six months ended June 30, 2014 and 2013 (dollars in thousands, except share and per share data):



	For the Three Months Ended June 30,			For the Six Months Ended June 30,
	2014		2013	2014	2013
Net income	$	2,611	2,348	3,934	4,076
Weighted average number of shares outstanding used in the calculation of basic earnings per common share	9,293,382		7,627,900	9,290,905	7,570,817
Add dilutive effect of:
Stock options	18,349		23,889	20,099	19,125
Stock warrants	90,612		107,649	96,960	96,948
Adjusted weighted average number of shares outstanding used in the calculation of diluted earnings per common share	9,402,343		7,759,438	9,407,964	7,686,890
Earnings per common share:
Basic	$	0.28	0.31	0.42	0.54
Diluted	0.28		0.30	0.42	0.53