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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Computation Of Basic And Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months

 

For the nine months

 

ended September 30,

 

ended September 30,

(Dollars in thousands, except earnings per share data)

2014

 

2013

 

2014

 

2013

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income

$

5,288 

 

$

3,800 

 

$

15,131 

 

$

10,603 

Earnings allocated to participating securities

 

(68)

 

 

(40)

 

 

(186)

 

 

(88)

Numerator for basic earnings per common share

$

5,220 

 

$

3,760 

 

$

14,945 

 

$

10,515 

Effect of reallocating undistributed earnings

 

 

 

 

 

 

 

 

 

 

 

of participating securities

 

68 

 

 

40 

 

 

186 

 

 

88 

Numerator for diluted earnings per common share

$

5,288 

 

$

3,800 

 

$

15,131 

 

$

10,603 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

Denominator for basic earnings per common share

 

19,477,161 

 

 

19,697,267 

 

 

19,508,785 

 

 

19,660,698 

Dilutive effect of stock compensation

 

157,529 

 

 

111,691 

 

 

146,221 

 

 

42,797 

Denominator for diluted earnings per common share

 

19,634,690 

 

 

19,808,958 

 

 

19,655,006 

 

 

19,703,495 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.27 

 

$

0.19 

 

$

0.77 

 

$

0.53 

Diluted

$

0.27 

 

$

0.19 

 

$

0.77 

 

$

0.54