XML 48 R22.htm IDEA: XBRL DOCUMENT

Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2012

Accounting Policies [Abstract]

Summary of computation of basic and diluted earnings per share


		Three months ended September 30								Nine months ended September 30
		2012				2011				2012				2011
		(Unaudited)				(Unaudited)				(Unaudited)				(Unaudited)
Basic earnings per share
Net income		$	4,850			$	3,417			$	14,373			$	9,275
Less: Preferred stock dividends and accretion of discount			63				710				325				1,263

Net income available to common shareholders		$	4,787			$	2,707			$	14,048			$	8,012

Weighted average common shares outstanding⁽¹⁾⁽²⁾			8,503,475				7,414,043				7,758,537				7,402,300

Basic earnings per share		$	0.56			$	0.37			$	1.81			$	1.08

Diluted earnings per share
Net income available to common shareholders		$	4,787			$	2,707			$	14,048			$	8,012

Weighted average common shares outstanding⁽¹⁾⁽²⁾			8,503,475				7,414,043				7,758,537				7,402,300
Effect of dilutive securities:
Warrants			269,432				163,325				231,038				167,668
Restricted stock			30,971				4,399				19,317				13,676
Stock options			34,782				14,803				26,105				15,307

Weighted average shares outstanding			8,838,659				7,596,569				8,034,996				7,598,950

Diluted earnings per share		$	0.54			$	0.36			$	1.75			$	1.05

⁽¹⁾	Adjusted for 3:2 stock split announced on October 16, 2012 payable November 9, 2012

⁽²⁾	Includes average shares issued for the Heartland acquisition for the three and nine months ending September 30, 2012