Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2014

The computations are as follows for the three months ended March 31, 2014 and 2013 (dollars in thousands, except share and per share data):



	For the Three Months Ended March 31,
	2014	2013
Net income	1,323	1,728
Weighted average number of shares outstanding used in the calculation of basic earnings per common share	9,288,400	7,513,101
Add dilutive effect of:
Stock options	21,769	14,312
Stock warrants	102,880	83,213
Adjusted weighted average number of shares outstanding used in the calculation of diluted earnings per common share	9,413,049	7,610,626
Earnings per common share:
Basic	0.14	0.23
Diluted	0.14	0.23