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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2016
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 March 31,
 
 
2016
 
2015
Dollars in thousands,
except per share amounts
 
Income
(Numerator)
 
Common
Shares
(Denominator)
 
Per
Share
 
Income
(Numerator)
 
Common
Shares
(Denominator)
 
Per
Share
Net income
 
$
4,062

 
 
 
 
 
$
4,285

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic EPS
 
$
4,062

 
10,671,856

 
$
0.38

 
$
4,285

 
8,815,961

 
$
0.49

 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 

 
 
 
 
 
 

Stock options
 
 
 
7,445

 
 

 
 
 
8,567

 
 

Stock appreciation rights
 
 
 

 
 
 
 
 

 
 
Series 2011 convertible
preferred stock
 

 

 
 

 

 
1,158,250

 
 

Series 2009 convertible
preferred stock
 

 

 
 
 

 
510,545

 
 

 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted EPS
 
$
4,062

 
10,679,301

 
$
0.38

 
$
4,285

 
10,493,323

 
$
0.41