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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months

 

ended March 31,

(Dollars in thousands, except earnings per share data)

2014

 

2013

Numerator:

 

 

 

 

 

Net income

$

3,691 

 

$

2,389 

Earnings allocated to participating securities

 

(40)

 

 

(17)

Numerator for basic earnings per common share

$

3,651 

 

$

2,372 

Effect of reallocating undistributed earnings

 

 

 

 

 

of participating securities

 

40 

 

 

17 

Numerator for diluted earnings per common share

$

3,691 

 

$

2,389 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

Denominator for basic earnings per common share

 

19,526,351 

 

 

19,451,490 

Dilutive effect of stock compensation

 

244,623 

 

 

 -

Denominator for diluted earnings per common share

 

19,770,974 

 

 

19,451,490 

Earnings per common share:

 

 

 

 

 

Basic

$

0.19 

 

$

0.12 

Diluted

$

0.19 

 

$

0.12