Outstanding Shares and Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

	(in thousands, except per share amounts)
	2012			2011			2010
Basic earnings per share:

Net income	$	4,646		$	2,664		$	2,665
Preferred stock dividend and accretion		(1,139	)		(1,399	)		(992	)
Net income available to common shareholders	$	3,507		$	1,265		$	1,673

Weighted average common shares outstanding		9,386,115			9,343,500			9,292,560

Basic earnings per share	$	0.37		$	0.14		$	0.18

Diluted earnings per share:

Net income	$	4,646		$	2,664		$	2,665
Preferred stock dividend and accretion		(1,139	)		(1,399	)		(992	)
Net income available to common shareholders	$	3,507		$	1,265		$	1,673
Net (loss) income available to common shareholders
Weighted average common shares outstanding		9,386,115			9,343,500			9,292,560

Effect of dilutive options		25,629			879			1,631

Adjusted weighted average common shares outstanding		9,411,744			9,344,379			9,294,191

Diluted earnings per share	$	0.37		$	0.14		$	0.18