EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2013

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

NOTE 16 – EARNINGS PER SHARE

A reconciliation of the numerators and denominators of the earnings per common share and earnings per common share assuming dilution computations for 2013, 2012 and 2011 is presented below:

	2013		2012		2011
Basic earnings per share
Income available to common stockholders	$	12,570	$	10,155	$	5,947
Weighted average common shares outstanding		7,997,047		7,940,892		7,937,143
Earnings per share	$	1.57	$	1.28	$	0.75
Diluted earnings per share
Income available to common stockholders	$	12,570	$	10,155	$	5,947
Weighted average common shares outstanding		7,997,047		7,940,892		7,937,143
Add dilutive effects of potential additional common stock		448,202		240,611		97,936
Weighted average common and dilutive potential common shares outstanding		8,445,249		8,181,503		8,035,079
Earnings per share assuming dilution	$	1.49	$	1.24	$	0.74

Stock options for 84,100, 183,699, and 312,449, shares of common stock were not considered in computing diluted earnings per share for 2013, 2012, and 2011 because they were antidilutive.