XML 63 R51.htm IDEA: XBRL DOCUMENT v3.5.0.2
Net Income Per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2014
Numerator for basic earnings per share:          
Net Income from continuing operations $ 2,458 $ 2,079 $ 4,360 $ 3,839  
Less: Dividends on preferred stock 314 143 500 285  
Net income from continuing operations available to common shareholders - basic 2,144 1,936 3,860 3,554  
Net Income from discontinued operations available to common shareholders - basic and diluted 4,041 (174) 3,935 169  
Net Income available to common shareholders 6,185 1,762 7,795 3,723 $ 1,762
Numerator for diluted earnings per share:          
Net income from continuing operations available to common shareholders - basic 2,144 1,936 3,860 3,554  
Add: Interest on convertible subordinated debt (tax effected) 312 349 622 698  
Add: Dividends on convertible preferred stock 122        
Net income available to common shareholders - diluted $ 2,578 $ 2,285 $ 4,482 $ 4,252  
Denominator:          
Total average shares outstanding (in shares) 8,078,000 7,987,333 8,070,082 7,987,333  
Effect of dilutive convertible preferred stock 489,625        
Effect of dilutive convertible subordinated debt (in shares) 1,837,500 1,837,500 1,837,500 1,837,500  
Effect of dilutive stock options (in shares) 27,995 109,522 17,991 108,781  
Total diluted average shares outstanding (in shares) 10,433,120 9,934,355 9,925,573 9,933,614  
Earnings per share from continuing operations - basic $ 0.27 $ 0.24 $ 0.48 $ 0.45  
Earnings per share from discontinued operations - basic 0.50 (0.02) 0.49 0.02  
Earnings per common shareholder - basic 0.77 0.22 0.97 0.47  
Earnings per share from continuing operations - diluted 0.25 0.23 0.45 0.43  
Earnings per share from discontinued operations - diluted 0.38 (0.02) 0.40 0.02  
Earnings per share - diluted (in dollars per share) $ 0.63 $ 0.21 $ 0.85 $ 0.45