XML 94 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings per Common Share (Tables)
9 Months Ended
Sep. 30, 2012
Earnings per Common Share [Abstract]  
Schedule of computation of earnings per common share [Table Text Block]
                                 

 

 

Three Months Ended

September 30,

 

 

Nine Months Ended

September 30,

 

(in thousands, except per share amounts)

 

2012

 

 

2011

 

 

2012

 

 

2011

 

Net income

 

$

4,454

 

 

$

3,702

 

 

$

13,038

 

 

$

10,304

 

Preferred stock dividends and accretion

 

 

28

 

 

 

145

 

 

 

253

 

 

 

436

 

Net income available to common shareholders

 

$

4,426

 

 

$

3,557

 

 

$

12,785

 

 

$

9,868

 

Basic weighted average common shares outstanding

 

 

16,347

 

 

 

16,291

 

 

 

16,338

 

 

 

16,291

 

Plus: effect of dilutive options and warrants

 

 

16

 

 

 

22

 

 

 

 

9

 

 

 

20

 

Diluted weighted average common shares outstanding

 

 

16,363

 

 

 

16,313

 

 

 

16,347

 

 

 

16,311

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.27

 

 

$

0.22

 

 

$

0.78

 

 

$

0.61

 

Diluted

 

$

0.27

 

 

$

0.22

 

 

$

0.78

 

 

$

0.61