Earnings per Share

12 Months Ended

Dec. 31, 2011

Earnings per Share [Abstract]

Earnings per Share

(15)  Earnings per Share

The following illustrates the reconciliation of the numerators and denominators of the basic and diluted earnings per share (“EPS”) computations:

(dollars in thousands)	December 31,
	2011		2010		2009
Income available to common shareholders	$	14,868	$	23,911	$	4,614
Weighted average number of common shares, basic		15,329,000		15,307,000		10,011,000
Effect of dilutive stock awards and CPP warrants		64,000		158,000		68,000
Weighted average number of common shares, diluted		15,393,000		15,465,000		10,079,000
Earnings per common share
Basic	$	0.97	$	1.56	$	0.46
Diluted	$	0.97	$	1.55	$	0.46
Antidulitive stock awards excluded from the computation of diluted earnings per common share		52,948		67,172		198,734