Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2015

Earnings Per Common Share [Abstract]

Schedule of earnings per share reconciliation

	Three months ended				Nine months ended
	September 30,				September 30,
(dollars in thousands, except share data)	2015		2014		2015	2014
Numerator:
Net income	$	2,727		1,826	7,315	4,643
Less: Preferred stock dividend		-		253	-	699
Net income available to common shareholders	$	2,727		1,573	7,315	3,944
Denominator:
Weighted-average common shares outstanding – basic		6,238,465		4,829,514	6,232,536	4,775,791
Common stock equivalents		340,983		216,973	310,360	208,762
Weighted-average common shares outstanding – diluted		6,579,448		5,046,487	6,542,896	4,984,553
Earnings per common share:
Basic	$	0.44	$	0.33	1.17	0.83
Diluted	$	0.41	$	0.31	1.12	0.79