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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Schedule of reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share

 

The following is a reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share:

 

    For the Three Months Ended September 30,  
    2013     2012  
($ in thousands except per
  share amounts)
  Income
(Numer-
ator)
    Shares
(Denom-
inator)
    Per Share
Amount
    Income
(Numer-
ator)
    Shares
(Denom-
inator)
    Per Share
Amount
 
                                     
Basic EPS                                                
Net income available to common shareholders   $ 6,117       19,679,751     $ 0.31     $ 3,735       16,988,150     $ 0.22  
                                                 
Effect of Dilutive Securities     58       745,233                              
                                                 
Diluted EPS per common share   $ 6,175       20,424,984     $ 0.30     $ 3,735       16,988,150     $ 0.22  

 

    For the Nine Months Ended September 30  
    2013     2012  
($ in thousands except per
  share amounts)
  Income
(Numer-
ator)
    Shares
(Denom-
inator)
    Per Share
Amount
    Income
(Numer-
ator)
    Shares
(Denom-
inator)
    Per Share
Amount
 
                                     
Basic EPS                                                
Net income available to common shareholders   $ 14,343       19,674,229     $ 0.73     $ 254       16,955,130     $ 0.01  
                                                 
Effect of Dilutive Securities     175       742,288                              
                                                 
Diluted EPS per common share   $ 14,518       20,416,517     $ 0.71     $ 254       16,955,130     $ 0.01