The following table presents the calculation of basic and diluted earnings per common share for the periods indicated:


	Three Months Ended
	March 31,
(Amounts in thousands, except share and per share data)	2014		2013
Net income	$	5,725	$	7,141
Dividends on preferred stock		228		258

Net income available to common shareholders	$	5,497	$	6,883

Weighted average number of common shares outstanding, basic		18,423,123		20,032,694
Dilutive effect of potential common shares from:
Stock options		22,636		17,101
Restricted stock		730		6,646
Convertible preferred stock		1,048,486		1,202,049
Contingently issuable shares		11,672		—

Weighted average number of common shares outstanding, diluted		19,506,647		21,258,490

Basic earnings per common share	$	0.30	$	0.34
Diluted earnings per common share		0.29		0.34
Antidilutive potential common shares:
Stock options		245,030		337,693