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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per common share:
 
 
Three months ended
March 31,
 
 
 
2015
 
2014
 
 
 
(In Thousands, except per
share data)
 
Numerator for basic and diluted earnings per common share – Net income
 
$
6,601
 
$
5,179
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings per common share – weighted average common shares
 
 
9,234
 
 
9,681
 
Effect of warrants
 
 
291
 
 
341
 
Effect of employee stock options
 
 
86
 
 
86
 
 
 
 
 
 
 
 
 
Denominator for diluted earnings per common share
 
 
9,611
 
 
10,108
 
Basic earnings per common share
 
$
0.71
 
$
0.53
 
 
 
 
 
 
 
 
 
Diluted earnings per common share
 
$
0.69
 
$
0.51