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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

Earnings per share for the years ended December 31 were calculated as follows (in thousands, except share and per share data):
 
2013
 
2012
 
2011
Net income from continuing operations
$
8,780

 
8,270

 
7,322

Income from discontinued operations, net of taxes
—

 
—

 
793

Net income
$
8,780

 
8,270

 
8,115

Weighted average number of shares outstanding used in the calculation of basic earnings per common share
7,852,514

 
6,717,357

 
6,692,385

 
 
 
 
 
 
Add dilutive effect of:
 

 
 

 
 

Stock options
23,456

 
19,205

 
4,792

Stock warrants
107,027

 
65,913

 
54,422

 
 
 
 
 
 
Adjusted weighted average number of shares outstanding used in the calculation of diluted earnings per common share
7,982,997

 
6,802,475

 
6,751,599

 
 
 
 
 
 
Basic earnings per common share:
 

 
 

 
 

Continuing operations
$
1.12

 
1.23

 
1.09

Discontinued operations
—

 
—

 
0.12

Diluted earnings per common share:
 

 
 

 
 

Continuing operations
1.10

 
1.22

 
1.08

Discontinued operations
—

 
—

 
0.12