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BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
NOTE C — BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE
 
For each of the periods ended March 31, 2015 and 2014, options and warrants to purchase 283,000 and 302,000 shares, respectively, were antidilutive and accordingly were excluded in determining diluted earnings per share.
 
 
 
Three Months Ended
 
 
 
March 31,
 
(Dollars in thousands, except per share data)
 
2015
 
2014
 
Basic:
 
 
 
 
 
 
 
Net income available to common shareholders
 
$
5,859
 
$
2,299
 
Average basic shares outstanding
 
 
32,971,444
 
 
25,489,630
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
0.18
 
$
0.09
 
 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Net income available to common shareholders
 
$
5,859
 
$
2,299
 
Average basic shares outstanding
 
 
32,971,444
 
 
25,489,630
 
Restricted stock awards
 
 
164,174
 
 
167,145
 
Average diluted shares outstanding
 
 
33,135,618
 
 
25,656,775
 
Diluted earnings per share
 
$
0.18
 
$
0.09