Earnings Per Share [Text Block] |
18.
|
Average Share Information
|
The following table reconciles the denominators of the basic and diluted net income per common share computations for the periods indicated (dollars in thousands, except per share data).
|
|
For the three months ended September 30,
|
|
|
For the nine months ended September 30,
|
|
|
|
2014
|
|
|
2013
|
|
|
2014
|
|
|
2013
|
|
Basic net income per common share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income applicable to common shareholders
|
|
$
|
1,982
|
|
|
$
|
22,233
|
|
|
$
|
6,037
|
|
|
$
|
25,908
|
|
Undistributed earnings allocated to participating securities
|
|
|
(9
|
)
|
|
|
(200
|
)
|
|
|
(42
|
)
|
|
|
(233
|
)
|
Net income allocated to common shareholders
|
|
$
|
1,973
|
|
|
$
|
22,033
|
|
|
$
|
5,995
|
|
|
$
|
25,675
|
|
Average common shares issued and outstanding
|
|
|
12,710,091
|
|
|
|
12,663,162
|
|
|
|
12,692,006
|
|
|
|
12,655,473
|
|
Basic net income per common share
|
|
$
|
0.15
|
|
|
$
|
1.74
|
|
|
$
|
0.47
|
|
|
$
|
2.03
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Diluted net income per common share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income applicable to common shareholders
|
|
$
|
1,982
|
|
|
$
|
22,233
|
|
|
$
|
6,037
|
|
|
$
|
25,908
|
|
Undistributed earnings allocated to participating securities
|
|
|
(9
|
)
|
|
|
(200
|
)
|
|
|
(42
|
)
|
|
|
(232
|
)
|
Net income allocated to common shareholders
|
|
$
|
1,973
|
|
|
$
|
22,033
|
|
|
$
|
5,995
|
|
|
$
|
25,676
|
|
Average common shares issued and outstanding
|
|
|
12,710,091
|
|
|
|
12,663,162
|
|
|
|
12,692,006
|
|
|
|
12,655,473
|
|
Dilutive potential common shares (1)
|
|
|
61,543
|
|
|
|
11,581
|
|
|
|
49,970
|
|
|
|
-
|
|
Total diluted average common shares issued and outstanding
|
|
|
12,771,634
|
|
|
|
12,674,743
|
|
|
|
12,741,976
|
|
|
|
12,655,473
|
|
Diluted net income per common share
|
|
$
|
0.15
|
|
|
$
|
1.74
|
|
|
$
|
0.47
|
|
|
$
|
2.03
|
|
(1) Includes dilutive impact of restricted stock and stock options, as applicable
|