EARNINGS PER SHARE (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2014

Dec. 31, 2013

EARNINGS PER SHARE

Schedule showing the computation of basic and diluted earnings per share

 The following shows the computation of basic and diluted earnings per share for the three and six months ended June 30, 2014 and 2013 (dollars in thousands, except per share data):

	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
(Numerator):
Net income	$	806	$	1,260	$	1,466	$	2,073
Preferred stock dividends and accretion of discount		—		63		—		200
Net income available to common shareholders	$	806	$	1,197	$	1,466	$	1,873
(Denominator):
Weighted average shares outstanding—basic		5,527,690		5,556,133		5,529,290		5,557,842
Effect of dilutive stock options and vesting of restricted stock units		27,973		—		93,902		—
Weighted average shares outstanding—diluted		5,555,663		5,556,133		5,623,192		5,557,842
Income per common share:
Basic	$	.15	$	.22	$	.27	$	.34
Diluted	$	.15	$	.22	$	.26	$	.34

 The following shows the computation of basic and diluted earnings per share for the year ended December 31, 2013, 2012 and 2011 (dollars in thousands, except per share data):

	Year Ended December 31,
	2013		2012		2011
Net income	$	5,937	$	7,087	$	2,218
Preferred stock dividends and accretion of discount		308		629		766
Net income available to common shareholders	$	5,629	$	6,458	$	1,452
Weighted average shares outstanding		5,558,313		4,285,043		3,419,736
Effect of dilutive stock options, vesting of restricted stock units, and common stock warrants outstanding		91,745		—		80,468
Diluted weighted average shares outstanding		5,650,058		4,285,043		3,500,204
Income per common share:
Basic	$	1.01	$	1.51	$	.42
Diluted	$	1.00	$	1.51	$	.41