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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended September 30,

 

For the nine months ended September 30,

(In thousands, except per share amounts)

 

2013

 

2012

 

2013

 

2012

Net income

 

$

1,302 

 

$

1,196 

 

$

3,848 

 

$

3,077 

Less: Preferred stock dividends and discount accretion

 

 

119 

 

 

397 

 

 

988 

 

 

1,195 

Income available to common shareholders

 

$

1,183 

 

$

799 

 

$

2,860 

 

$

1,882 

Weighted average common shares outstanding - Basic

 

 

7,545 

 

 

7,473 

 

 

7,542 

 

 

7,465 

Plus: Potential dilutive common stock equivalents

 

 

277 

 

 

309 

 

 

325 

 

 

321 

Weighted average common shares outstanding - Diluted

 

 

7,822 

 

 

7,782 

 

 

7,867 

 

 

7,786 

Net income per common share - Basic

 

$

0.16 

 

$

0.11 

 

$

0.38 

 

$

0.25 

Net income per common share - Diluted

 

 

0.15 

 

 

0.10 

 

 

0.36 

 

 

0.24 

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

 

 

282 

 

 

499 

 

 

383 

 

 

505