XML 37 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
OUTSTANDING SHARES AND EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2014
OUTSTANDING SHARES AND EARNINGS PER SHARE [Abstract]  
Reconciliation of basic and diluted EPS
The following table presents a reconciliation of basic and diluted EPS for the three-month and nine-month period ended September 30, 2014 and 2013.

  
Three months ended
  
Nine Months ended
 
  
September 30,
  
September 30,
 
  
2014
  
2013
  
2014
  
2013
 
Basic earnings per share:
        
Net income
 
$
1,570
  
$
1,373
  
$
4,273
  
$
4,178
 
Preferred stock dividend
 
$
(33
)
 
$
(162
)
 
$
(97
)
 
$
(534
)
Net income available to common stockholders
 
$
1,537
  
$
1,211
  
$
4,176
  
$
3,644
 
                 
Weighted average common shares outstanding
  
9,729,443
   
9,701,098
   
9,724,986
   
9,696,042
 
Basic EPS
 
$
0.16
  
$
0.12
  
$
0.43
  
$
0.38
 
                 
Diluted earnings per share:
                
Net income
 
$
1,570
  
$
1,373
  
$
4,273
  
$
4,178
 
Preferred stock dividend
 
$
(33
)
 
$
(162
)
 
$
(97
)
 
$
(534
)
Net income available to common stockholders
 
$
1,537
  
$
1,211
  
$
4,176
  
$
3,644
 
                 
Weighted average common shares outstanding
  
9,729,443
   
9,701,098
   
9,724,986
   
9,696,042
 
                 
Effect of dilutive shares
  
52,440
   
38,862
   
49,534
   
34,897
 
                 
Adjusted weighted average common shares outstanding
  
9,781,883
   
9,739,960
   
9,774,520
   
9,730,939
 
Diluted EPS
 
$
0.16
  
$
0.12
  
$
0.43
  
$
0.37