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Net Income per Share of Common Stock (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per share:
 
Three months ended March 31,
(dollars in thousands, except earnings per share)
2013
 
2012
Numerators for earnings per share:
 
 
 
Net income that is available to common shareholders
$
1,989

 
$
641

 
 
 
 
Denominator for basic earnings per share:
 
 
 
Weighted average shares outstanding
21,114,963

 
20,769,415

 
 
 
 
Denominator for diluted earnings per share:
 
 
 
Effect of stock options and restricted stock units
478,785

 
414,942

Adjusted weighted average shares and assumed conversions
21,593,748

 
21,184,357

 
 
 
 
Basic earnings per share
$
0.09

 
$
0.03

 
 
 
 
Diluted earnings per share
$
0.09

 
$
0.03