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NET EARNINGS PER COMMON SHARE (Tables)
 12 Months Ended
Dec. 31, 2012
NET EARNINGS PER COMMON SHARE [Abstract]  
Information Used in the Computation of Earnings per Common Share
Following is a summary of the information used in the computation of earnings per common share (in thousands):
 
 
December 31,
 
 
2012
 
 
2011
 
 
2010
 
Net earnings
 
$
9,642
 
 
$
4,473
 
 
$
5,780
 
Dividends on preferred stock and accretion of warrants
 
 
1,547
 
 
 
1,802
 
 
 
1,198
 
Net earnings available to common stockholders
 
$
8,095
 
 
$
2,671
 
 
$
4,582
 
Weighted average number of common shares outstanding used in computation of basic earnings per common share
 
 
10,482
 
 
 
9,787
 
 
 
9,701
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
Stock options
 
 
24
 
 
 
7
 
 
 
15
 
Restricted stock
 
 
12
 
 
 
5
 
 
 
2
 
Preferred stock
 
 
6
 
 
 
-
 
 
 
-
 
Weighted average number of common shares outstanding plus effect of dilutive securities used in computation of diluted earnings per common share
 
 
10,524
 
 
 
9,799
 
 
 
9,718