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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Calculations of Basic and Diluted Earnings per Common Share
The calculations of basic and diluted earnings per share were as follows:  
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(Dollars in thousands, except per share data)
2013
2012
 
2013
2012
Distributed earnings allocated to shareholders
$
1,491

$
1,166

 
$
4,256

$
3,496

Undistributed earnings allocated to shareholders
1,000

3,620

 
8,098

12,900

Net earnings allocated to shareholders
$
2,491

$
4,786

 
$
12,354

$
16,396

 
 
 
 
 
 
Weighted-average shares outstanding
10,589,126

10,530,800

 
10,574,130

10,522,874

Effect of potentially dilutive shares
103,429

76

 
90,869

31

Total weighted-average diluted shares outstanding
10,692,555

10,530,876

 
10,664,999

10,522,905

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
Basic
$
0.24

$
0.45

 
$
1.17

$
1.56

Diluted
$
0.23

$
0.45

 
$
1.16

$
1.56

 
 
 
 
 
 
Anti-dilutive common shares excluded from calculation:
 
 
 
 
 
Stock options and SARs
81,340

122,500

 
95,991

147,756