Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

Earnings Per Share

Schedule of reconciliation of factors used in computing basic and diluted earnings per common share

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2013		2012		2013		2012
	(Dollars in thousands)
Net income available to common shareholders	$	2,793	$	2,679	$	4,973	$	3,548
Less: net income allocated to Series C Preferred Stock		489		470		871		623
Net income allocated to common shareholders	$	2,304	$	2,209	$	4,102	$	2,925
Weighted average common shares outstanding for basic earnings per common share		26,336,244		26,290,480		26,332,793		26,289,907
Dilutive effect of stock options oustanding, using the the treasury stock method		35,648		27,011		46,123		28,058
Shares used in computing diluted earnings per common share		26,371,892		26,317,491		26,378,916		26,317,965
Basic earnings per share	$	0.09	$	0.08	$	0.16	$	0.11
Diluted earnings per share	$	0.09	$	0.08	$	0.16	$	0.11