Earnings per Common Share (Tables)

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Factors Used in Earnings Per Share Computation

The factors used in the earnings per share computation follow.

	2014		2013
Basic
Net income	$	9,528	$	6,179
Preferred stock dividends		1,873		1,159
Net income available to common shareholders—basic	$	7,655	$	5,020
Weighted average common shares outstanding—basic		7,707,917		7,707,917
Basic earnings per share	$	0.99	$	0.65
Diluted
Net income available to common shareholders—basic	$	7,655	$	5,020
Preferred stock dividends on convertible preferred stock		1,606		—
Net income available to common shareholders—diluted	$	9,261	$	5,020
Weighted average common shares outstanding for earnings per common share basic		7,707,917		7,707,917
Add: dilutive effects of convertible preferred shares		3,196,931		113,863
Average shares and dilutive potential common shares outstanding—diluted		10,904,848		7,821,780
Diluted earnings per share	$	0.85	$	0.64