Earnings Per Common Share (Table)

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

The following table sets forth the computation of basic and diluted earnings per common share (in thousands except per share data):

	Three months ended September 30,				Nine months ended September 30,
	2012		2011		2012		2011
Numerator for basic and diluted earnings per common share – Net income applicable to common shares	$	5,423	$	3,553	$	12,891	$	9,951
Denominator:
Denominator for basic earnings per common share – weighted average common shares, including participating securities		9,729		9,725		9,728		9,248
Effect of warrants		223		151		215		151
Effect of restricted stock units		20		4		25		4
Effect of employee stock options		28		15		25		14
Denominator for diluted earnings per common share		10,000		9,895		9,993		9,417
Basic earnings per common share	$	0.56	$	0.37	$	1.33	$	1.08
Diluted earnings per common share	$	0.54	$	0.36	$	1.29	$	1.06