Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Earnings per common share have been computed as follows:

	Three Months Ended September 30,						Nine Months Ended  September 30,
(in thousands, except share amounts)	2014			2013			2014			2013
Net income	$	1,766		$	5,094		$	10,542		$	14,941
Preferred stock dividends		(28	)		(28	)		(84	)		(112	)
Net income available to common stockholders	$	1,738		$	5,066		$	10,458		$	14,829
Basic weighted average common shares outstanding		29,636,001			16,349,480			20,819,241			16,348,875
Effect of dilutive options		472,102			35,675			466,211			32,095
Diluted weighted average common shares outstanding		30,108,103			16,385,155			21,285,452			16,380,970
Earnings per common share:
Basic	$	0.06		$	0.31		$	0.50		$	0.91
Diluted		0.06			0.31			0.49			0.91