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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Summary of Components Comprising Basic and Diluted Earnings Per Share

The following is a summary of components comprising basic and diluted earnings per share (“EPS”) for the three months ended March 31, 2014 and 2013:

 

     2014      2013  
     (Dollars in Thousands  
     Except Per Share Amounts)  

Basic EPS Computation:

     

Numerator – Earnings available to common Stockholders

   $ 4,172       $ 2,978   
  

 

 

    

 

 

 

Denominator – Weighted average number of common shares outstanding

     7,522,280         7,445,701   
  

 

 

    

 

 

 

Basic earnings per common share

   $ .55       $ .40   
  

 

 

    

 

 

 

Diluted EPS Computation:

     

Numerator – Earnings available to common Stockholders

   $ 4,172       $ 2,978   
  

 

 

    

 

 

 

Denominator – Weighted average number of common shares outstanding

     7,522,280         7,445,701   

Dilutive effect of stock options

     4,356         4,842   
  

 

 

    

 

 

 
     7,526,636         7,450,543   
  

 

 

    

 

 

 

Diluted earnings per common share

   $ .55       $ .40