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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Share  
Schedule of Company's unaudited earnings per share calculations

 

 

 

 

Three Months Ended June 30,

 

 

 

2012

 

2011

 

 

 

Net

 

 

 

Per Share

 

Net

 

 

 

Per Share

 

 

 

Income

 

Shares

 

Amount

 

Income

 

Shares

 

Amount

 

 

 

(dollars in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

5,811

 

 

 

 

 

$

785

 

 

 

 

 

Basic income available to common stockholders

 

5,811

 

10,329,934

 

$

0.56

 

785

 

10,084,626

 

$

0.08

 

Effect of warrants and dilutive stock options

 

 

339,071

 

 

 

 

494,302

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted income available to common stockholders plus assumed conversions

 

$

5,811

 

10,669,005

 

$

0.55

 

$

785

 

10,578,928

 

$

0.08

 

 

 

 

Six Months Ended June 30,

 

 

 

2012

 

2011

 

 

 

Net

 

 

 

Per Share

 

Net

 

 

 

Per Share

 

 

 

Income

 

Shares

 

Amount

 

Income

 

Shares

 

Amount

 

 

 

(dollars in thousands, except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

8,503

 

 

 

 

 

$

5,557

 

 

 

 

 

Basic income available to common stockholders

 

8,503

 

10,332,935

 

$

0.82

 

5,557

 

10,067,066

 

$

0.55

 

Effect of warrants and dilutive stock options

 

 

314,655

 

 

 

 

650,191

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted income available to common stockholders plus assumed conversions

 

$

8,503

 

10,647,590

 

$

0.80

 

$

5,557

 

10,717,257

 

$

0.52