Outstanding Shares and Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2013

	(in thousands, except per share amounts)
	2013			2012			2011
Basic earnings per share:

Net income	$	5,384		$	4,646		$	2,664
Preferred stock dividend and accretion		(677	)		(1,139	)		(1,399	)
Net income available to common shareholders	$	4,707		$	3,507		$	1,265

Weighted average common shares outstanding		9,699,064			9,669,192			9,627,350

Basic earnings per share	$	0.49		$	0.36		$	0.13

Diluted earnings per share:

Net income	$	5,384		$	4,646		$	2,664
Preferred stock dividend and accretion		(677	)		(1,139	)		(1,399	)
Net income available to common shareholders	$	4,707		$	3,507		$	1,265
Net (loss) income available to common shareholders
Weighted average common shares outstanding		9,699,064			9,669,192			9,627,350

Effect of dilutive shares		37,061			26,398			906

Adjusted weighted average common shares outstanding		9,736,125			9,695,590			9,628,256

Diluted earnings per share	$	0.48		$	0.36		$	0.13