Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 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):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Net earnings available to common shareholders	$	3,072	$	2,249	$	9,479	$	6,833
Dividends on Series C preferred stock		100		-		300		-
Adjusted net earnings available to common shareholders	$	3,172	$	2,249	$	9,779	$	6,833
Weighted average number of common shares outstanding used in computation of basic earnings per common share		11,253		10,478		11,243		10,471
Effect of dilutive securities:
Stock options		51		29		47		17
Restricted stock		-		11		-		11
Preferred stock		565		-		563		-
Weighted average number of common shares outstanding plus effect of dilutive securities used in computation of diluted earnings per common share		11,869		10,518		11,853		10,499