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Earnings per Common Share
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings per Common Share
Earnings per Common Share

Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share is computed in the same manner as basic earnings per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if certain shares issuable upon exercise of options and non-vested restricted stock were included.

The following table reconciles the numerators and denominators of the basic and diluted earnings per common share computations:
(dollars in thousands)
December 31,
 
2013
 
2012
 
2011
Income available to common shareholders
$
14,496

 
$
16,844

 
$
14,868

Weighted average number of common shares, basic
15,495,000

 
15,422,000

 
15,329,000

Effect of dilutive stock awards
56,000

 
33,000

 
64,000

Weighted average number of common shares, diluted
15,551,000

 
15,455,000

 
15,393,000

Earnings per common share
 

 
 

 
 

Basic
$
0.94

 
$
1.09

 
$
0.97

Diluted
$
0.93

 
$
1.09

 
$
0.97

Antidulitive stock awards excluded from the
 

 
 

 
 

computation of diluted earnings per common share (in shares)
25,000

 
45,000

 
53,000