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Net Income per Share (Tables)
3 Months Ended
Mar. 31, 2014
Net Income per Share [Abstract]  
Reconciliation Of The Calculation Of Basic And Diluted Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31,

(In thousands, except per share amounts)

 

2014

 

2013

Net income

 

$

1,293 

 

$

1,200 

Less: Preferred stock dividends and discount accretion

 

 

 -

 

 

404 

Income available to common shareholders

 

$

1,293 

 

$

796 

Weighted average common shares outstanding - Basic

 

 

7,586 

 

 

7,538 

Plus: Potential dilutive common stock equivalents

 

 

68 

 

 

307 

Weighted average common shares outstanding - Diluted

 

 

7,654 

 

 

7,845 

Net income per common share - Basic

 

$

0.17 

 

$

0.11 

Net income per common share - Diluted

 

 

0.17 

 

 

0.10 

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

 

 

126 

 

 

379