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Net Income per Share (Tables)
6 Months Ended
Jun. 30, 2013
Net Income per Share [Abstract]  
Reconciliation Of The Calculation Of Basic And Diluted Income Per Share [TableTextBlock]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended June 30,

 

For the six months ended June 30,

(In thousands, except per share amounts)

 

2013

 

2012

 

2013

 

2012

Net income

 

$

1,347 

 

$

976 

 

$

2,546 

 

$

1,881 

Less: Preferred stock dividends and discount accretion

 

 

465 

 

 

401 

 

 

869 

 

 

797 

Income available to common shareholders

 

$

882 

 

$

575 

 

$

1,677 

 

$

1,084 

Weighted average common shares outstanding - Basic

 

 

7,544 

 

 

7,462 

 

 

7,541 

 

 

7,461 

Plus: Potential dilutive common stock equivalents

 

 

367 

 

 

322 

 

 

340 

 

 

327 

Weighted average common shares outstanding - Diluted

 

 

7,911 

 

 

7,784 

 

 

7,881 

 

 

7,788 

Net income per common share - Basic

 

$

0.12 

 

$

0.08 

 

$

0.22 

 

$

0.15 

Net income per common share - Diluted

 

 

0.11 

 

 

0.07 

 

 

0.21 

 

 

0.14 

Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive

 

 

396 

 

 

505 

 

 

387 

 

 

504