Note 24 - Basic And Diluted Earnings Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

NOTE 24 – BASIC AND DILUTED EARNINGS PER SHARE

(In Thousands, Except per Share Data)	Year Ended December 31
	2013		2012		2011
Basic earnings per common share
Net income available to common shareholders	$	11,753	$	9,259	$	3,944
Weighted average common shares outstanding		8,054		7,933		7,843
Basic earnings per common share	$	1.46	$	1.17	$	0.50
Diluted Earnings per Share
Net income available to common shareholders	$	11,753	$	9,259	$	3,944
Weighted average common shares outstanding		8,054		7,933		7,843
Add dilutive effects of assumed exercises of options		62		24		2
Weighted average common and dilutive potential
Common shares outstanding		8,116		7,957		7,845
Diluted earnings per common share	$	1.45	$	1.16	$	0.50

Stock options for 175,415 shares of common stock were not considered in computing diluted earnings per share for 2013, because they were anti-dilutive. Stock options and warrants for 219,223 and 975,845 shares of common stock were not considered in computing diluted earnings per share for 2012 and 2011, respectively, because they were anti-dilutive.