Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2014

Stockholders' Equity Note [Abstract]

Schedule of earnings per share reconciliation

The following table illustrates the reconciliation of weighted average shares used for earnings per common share computations for the years ended December 31, 2014, 2013 and 2012:

	Years Ended   December 31,
	2014			2013			2012
	(Dollars in thousands)
Net income:
Net income	$	21,014		$	9,575		$	13,261
Less: Dividends and undistributed earnings allocated to participating securities	(163		)	(118		)	(162		)
Net income allocated to common stockholders	$	20,851		$	9,457		$	13,099
Basic:
Weighted average common shares outstanding	25,641,229			15,667,912			15,262,452
Less: Restricted stock awards	(210,690		)	(191,677		)	(182,303		)
Total basic weighted average common shares outstanding	25,430,539			15,476,235			15,080,149
Diluted:
Basic weighted average common shares outstanding	25,430,539			15,476,235			15,080,149
Incremental shares from stock options	46,750			11,480			14,640
Total diluted weighted average common shares outstanding	25,477,289			15,487,715			15,094,789

Schedule of dividends activity

The following table summarizes the dividend activity for the years ended December 31, 2014, 2013 and 2012.

Declared	Cash Dividend per Share	Record Date	Paid Date
February 1, 2012	$0.06	February 10, 2012	February 24, 2012
April 26, 2012	$0.08	May 10, 2012	May 24, 2012
June 26, 2012	$0.20	July 10, 2012	July 24, 2012
July 25, 2012	$0.08	August 14, 2012	August 24, 2012
October 30, 2012	$0.08	November 9, 2012	November 21, 2012
November 30, 2012	$0.30	November 26, 2012	December 6, 2012
January 30, 2013	$0.08	February 8, 2013	February 22, 2013
April 24, 2013	$0.08	May 10, 2013	May 24, 2013
July 23, 2013	$0.18	August 6, 2013	August 15, 2013
October 23, 2013	$0.08	November 5, 2013	November 15, 2013
January 29, 2014	$0.08	February 10, 2014	February 24, 2014
March 27, 2014	$0.08	April 8, 2014	April 23, 2014
July 24, 2014	$0.09	August 7, 2014	August 21, 2014
October 23, 2014	$0.09	November 6, 2014	November 20, 2014
November 11, 2014	$0.16	December 2, 2014	December 12, 2014

Repurchased shares and average share prices

The following table provides total repurchased shares and average share prices under the applicable Plans and years indicated:

	Years Ended December 31,
	2014		2013		2012		Plan Total
Ninth Plan
Repurchased shares	—		—		389,627		590,832
Stock repurchase average share price	$	—	$	—	$	13.45	$	12.83
Tenth Plan
Repurchased shares	108,075		544,000		52,900		704,975
Stock repurchase average share price	$	16.68	$	15.88	$	13.88	$	15.85
Eleventh Plan
Repurchased shares	—		—		—		—
Stock repurchase average share price	$	—	$	—	$	—	$	—