XML 141 R22.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2013
Disclosure Earning Per Share Additional Information [Abstract]  
Basic and Diluted Earnings Per Share
Basic and diluted earnings per share are calculated as follows:
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2013
 
2012
 
2013
 
2012
 
(Dollars in thousands except per share amounts)
Weighted average shares outstanding used in Basic Earnings per Common Share
9,303,702

 
7,944,354

 
8,755,457

 
7,934,458

Dilutive effect of stock options
15,440

 
6,174

 
13,834

 
3,925

Weighted average shares outstanding used in Diluted Earnings Per Common Share
9,319,142

 
7,950,528

 
8,769,291

 
7,938,383

Net Income
$
1,823

 
$
1,438

 
$
2,936

 
$
2,943

Preferred stock dividend and accretion
117

 
318

 
374

 
637

Income Available to Common Shareholders
$
1,706

 
$
1,120

 
$
2,562

 
$
2,306

Basic Earnings Per Common Share
$
0.18

 
$
0.14

 
$
0.29

 
$
0.29

Diluted Earnings Per Common Share
$
0.18

 
$
0.14

 
$
0.29

 
$
0.29