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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of number of stock options excluded from the computations of diluted earnings per share
The following table sets forth the number of stock options excluded for the periods indicated:
 
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
June 30,
 
September 30,
 
September 30,
 
2015
 
2015
 
2014
 
2015
 
2014
 
 
 
 
 
 
 
 
 
 
Stock options excluded

 
448,000

 
249,000

 
316,614

 
249,000

Schedule of Company's unaudited earnings per share calculations
The following tables set forth the Company’s unaudited earnings per share calculations for the periods indicated:
 
 
Three Months Ended
 
September 30, 2015
 
June 30, 2015
 
September 30, 2014
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
 
(dollars in thousands, except per share data)
Net income
$
7,837

 
 
 
 
 
$
7,825

 
 
 
 
 
$
5,450

 
 
 
 
Basic income available to common stockholders
7,837

 
21,510,678

 
$
0.36

 
7,825

 
21,493,641

 
$
0.36

 
5,450

 
17,069,216

 
$
0.32

Effect of dilutive stock option grants and warrants

 
356,162

 
 
 

 
335,235

 
 
 

 
273,666

 
 
Diluted income available to common stockholders plus assumed conversions
$
7,837

 
21,866,840

 
$
0.36

 
7,825

 
21,828,876

 
$
0.36

 
$
5,450

 
17,342,882

 
$
0.31




 
Nine Months Ended September 30,
 
2015
 
2014
 
Net
Income
 
Shares
 
Per Share
Amount
 
Net
Income
 
Shares
 
Per Share
Amount
 
(dollars in thousands, except per share data)
Net income
$
17,450

 
 
 
 
 
$
12,725

 
 
 
 
Basic income available to common stockholders
17,450

 
21,037,345

 
$
0.83

 
12,725

 
17,078,945

 
$
0.75

Effect of dilutive stock option grants and warrants

 
304,859

 

 

 
306,890

 

Diluted income available to common stockholders plus assumed conversions
$
17,450

 
21,342,204

 
$
0.82

 
12,725

 
17,385,835

 
$
0.73