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Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2013
Earnings Per Common Share [Abstract]  
Information Used in the Computation of Earnings per Common Share
Following is a summary of the information used in the computation of earnings per common share (in thousands):
 
 
March 31,
 
 
 
2013
 
 
2012
 
Net earnings available to common shareholders
 
$
3,136
 
 
$
2,486
 
Dividends on Series C convertible preferred stock
 
 
100
 
 
 
-
 
Net earnings available to common shareholders -diluted
 
$
3,236
 
 
$
2,486
 
Weighted average number of common shares outstanding used in computation of basic earnings per common share
 
 
11,238
 
 
 
10,465
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
Stock options
 
 
50
 
 
 
8
 
Restricted stock
 
 
13
 
 
 
7
 
Convertible preferred stock and warrants
 
 
565
 
 
 
-
 
Weighted average number of common shares outstanding plus effect of dilutive securities used in computation of diluted earnings per common share
 
$
11,866
 
 
$
10,480