EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Earnings per share for the three months ended March 31, 2015 and 2014 are calculated for basic and diluted earnings per share as follows: 

	Basic				Diluted
(in thousands)	Three months ended March 31,				Three months ended March 31,
	2015		2014		2015		2014
Net income	$	4,369	$	3,359	$	4,369	$	3,359
Net income allocated to warrants		-		(19)		-		(19)
Net income allocated to restricted stock		(23)		(15)		(23)		(15)
Net income from continuing operations allocated to common shares	$	4,346	$	3,325	$	4,346	$	3,325
Basic Weighted-Average Shares Outstanding		11,326		9,991		11,326		9,991
Dilutive effect of stock options						236		10
Diluted Weighted-Average Shares Outstanding						11,562		10,001
Earnings Per Share	$	0.38	$	0.33	$	0.38	$	0.33