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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2014
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 March 31,
 
 
2014
  
2013
 
Net earnings available to common shareholders
 
$
6,678
  
$
3,136
 
Dividends on Series C preferred stock
  
100
   
100
 
Adjusted net earnings available to common shareholders
 
$
6,778
  
$
3,236
 
Weighted average number of common shares outstanding used in computation of basic earnings per common share
  
11,258
   
11,238
 
Effect of dilutive securities:
        
Stock options
  
74
   
50
 
Restricted stock
  
-
   
13
 
Convertible preferred stock and warrants
  
547
   
565
 
Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted earnings per share
  
11,879
   
11,866