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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2013
Earnings Per Share  
Schedule of Company's unaudited earnings per share calculations

 

 

 

 

Income/(Loss)

 

Shares

 

Per Share

 

 

 

(numerator)

 

(denominator)

 

Amount

 

 

 

(dollars in thousands, except share data)

 

For the year ended December 31, 2013:

 

 

 

 

 

 

 

Net income applicable to earnings per share

 

$

8,993

 

 

 

 

 

Basic earnings per share: Income available to common stockholders

 

8,993

 

15,798,885

 

$

0.57

 

Effect of dilutive securities: Warrants and stock option plans

 

—

 

811,069

 

 

 

Diluted earnings per share: Income available to common stockholders

 

$

8,993

 

16,609,954

 

$

0.54

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2012:

 

 

 

 

 

 

 

Net income applicable to earnings per share

 

$

15,776

 

 

 

 

 

Basic earnings per share: Income available to common stockholders

 

15,776

 

10,571,073

 

$

1.49

 

Effect of dilutive securities: Warrants and stock option plans

 

—

 

412,961

 

 

 

Diluted earnings per share: Income available to common stockholders

 

$

15,776

 

10,984,034

 

$

1.44

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2011:

 

 

 

 

 

 

 

Net income applicable to earnings per share

 

$

10,572

 

 

 

 

 

Basic earnings per share: Income available to common stockholders

 

10,572

 

10,092,181

 

$

1.05

 

Effect of dilutive securities: Warrants and stock option plans

 

—

 

538,539

 

 

 

Diluted earnings per share: Income available to common stockholders

 

$

10,572

 

10,630,720

 

$

0.99