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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2013
EARNINGS PER SHARE [Abstract]  
Reconciliation of Numerators and Denominators of the Basic and Diluted Earnings per Share Computations
The following tables illustrate the reconciliation of the numerators and denominators of the basic and diluted earnings per share computations (dollars in thousands, except share and per share data):

 
For the three months ended March 31, 2013
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
average
 
 
 
 
 
Income
 
 
shares
 
 
Per share
 
 
(numerator)
 
 
(denominator)
 
 
Amount
 
Basic earnings per share
 
 
 
 
 
 
 
 
 
Income available to common stockholders
 
$
1,223
 
 
 
2,738,375
 
 
$
0.45
 
Effect of dilutive securities
 
 
 
 
 
 
 
 
 
 
 
 
Stock options and grants
 
 
 
 
 
3,514
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
 
 
 
 
 
 
 
Income available to common stockholders plus effect of dilutive securities
 
$
1,223
 
 
 
2,741,889
 
 
$
0.45
 

 
 
 
 
 
 
 
 
 
 
For the three months ended March 31, 2012
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
average
 
 
 
 
 
Income
 
 
shares
 
 
Per share
 
 
(numerator)
 
 
(denominator)
 
 
Amount
 
Basic earnings per share
 
 
 
 
 
 
 
 
 
Income available to common stockholders
 
$
1,155
 
 
 
2,718,839
 
 
$
0.42
 
Effect of dilutive securities
 
 
 
 
 
 
 
 
 
 
 
 
Stock options and grants
 
 
 
 
 
3,566
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
 
 
 
 
 
 
 
Income available to common stockholders plus effect of dilutive securities
 
$
1,155
 
 
 
2,722,405
 
 
$
0.42