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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 2. EARNINGS PER SHARE

 

Basic earnings per common share is net income available to common shareholders divided by the weighted average number of common shares outstanding during the period. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock options, stock awards and warrants.

 

    Three Months Ended March 31,  
    2013     2012  
Weighted average shares outstanding for basic earnings per common share     16,408,710       16,280,416  
Dilutive effect of stock options, awards and warrants     118,461       158,827  
Weighted average shares outstanding for diluted earnings per common share     16,527,171       16,439,243  
                 
Basic earnings per common share   $ 0.56     $ 0.53  
Diluted earnings per common share   $ 0.56     $ 0.52