Earnings Per Common Share (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Net earnings available to common shareholders	$	2,417	$	4,298	$	8,662	$	14,922
Dividends on Series C preferred stock	92		94		277		284
Adjusted net earnings available to common shareholders	$	2,509	$	4,392	$	8,939	$	15,206
Weighted average number of common shares outstanding used in computation of basic earnings per common share	11,312		11,314		11,321		11,283
Effect of dilutive securities:
Stock options	12		92		20		77
Convertible preferred stock and warrants	507		549		507		544
Weighted average number of common shares outstanding plus effect of dilutive securities – used in computation of diluted earnings per share	11,831		11,955		11,848		11,904