Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The computations of basic and diluted earnings per share follow:

	For the Three Months Ended June 30,
	2015					2014
Dollars in thousands, except per share amounts	Income (Numerator)		Common Shares (Denominator)	Per Share		Income (Numerator)			Common Shares (Denominator)	Per Share
Net income	$	4,010				$	2,432
Less preferred stock dividends	—					(193		)
Basic EPS	$	4,010	10,667,892	$	0.38	$	2,239		7,457,222	$	0.30
Effect of dilutive securities:
Stock options			8,582						9,607
Series 2011 convertible preferred stock	—		—			119			1,489,250
Series 2009 convertible preferred stock	—		—			74			674,545
Diluted EPS	$	4,010	10,676,474	$	0.38	$	2,432		9,630,624	$	0.25

	For the Six Months Ended June 30,
	2015					2014
Dollars in thousands, except per share amounts	Income (Numerator)		Common Shares (Denominator)	Per Share		Income (Numerator)			Common Shares (Denominator)	Per Share
Net income	$	8,294				$	4,822
Less preferred stock dividends	—					(387		)
Basic EPS	$	8,294	9,747,042	$	0.85	$	4,435		7,455,307	$	0.59
Effect of dilutive securities:
Stock options			8,574						9,675
Series 2011 convertible preferred stock	—		575,953			238			1,490,228
Series 2009 convertible preferred stock	—		253,842			149			674,545
Diluted EPS	$	8,294	10,585,411	$	0.78	$	4,822		9,629,755	$	0.50