For the three months

ended June 30,

For the six months

ended June 30,

2014

2013

2014

2013

Basic net income per common share

Net income applicable to common shareholders

$

2,027

$

1,499

$

4,055

$

3,675

Undistributed earnings allocated to participating securities

(16

)

(14

)

(35

)

(33

)

Net income allocated to common shareholders

$

2,011

$

1,485

$

4,020

$

3,642

Average common shares issued and outstanding

12,690,287

12,652,355

12,682,813

12,651,565

Basic net income per common share

$

0.16

$

0.12

$

0.32

$

0.29

Diluted net income per common share

Net income applicable to common shareholders

$

2,027

$

1,499

$

4,055

$

3,675

Undistributed earnings allocated to participating securities

(16

)

(13

)

(34

)

(33

)

Net income allocated to common shareholders

$

2,011

$

1,486

$

4,021

$

3,642

Average common shares issued and outstanding

12,690,287

12,652,355

12,682,813

12,651,565

Dilutive potential common shares (1)

54,644

19,574

43,682

-

Total diluted average common shares issued and outstanding

12,744,931

12,671,929

12,726,495

12,651,565

Diluted net income per common share

$

0.16

$

0.12

$

0.32

$

0.29