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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Components of earnings per common share
Following is a summary of the information used in the computation of earnings per common share (in thousands):
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
Net earnings available to common shareholders
 
$
4,927

 
$
3,946

 
$
6,245

 
$
10,624

Dividends on Series C preferred stock
 
92

 
90

 
185

 
190

Adjusted net earnings available to common shareholders
 
$
5,019

 
$
4,036

 
$
6,430

 
$
10,814

Weighted average number of common shares outstanding used in computation of basic earnings per common share
 
11,324

 
11,277

 
11,321

 
11,268

Effect of dilutive securities:
 
 

 
 

 
 
 
 
Stock options
 
17

 
89

 
23

 
81

Convertible preferred stock and warrants
 
509

 
546

 
510

 
543

Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted earnings per share
 
11,850

 
11,912

 
11,854

 
11,892