Note 18 - Average Share Information

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

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