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Net Income per Share (Tables)
12 Months Ended
Dec. 31, 2012
Net Income per Share [Abstract]  
Reconciliation Of The Calculation Of Basic And Diluted Income Per Share [TableTextBlock]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the years ended December 31,

(In thousands, except per share amounts)

 

2012

 

2011

Net income

 

$

4,244 

 

$

2,546 

Less: Preferred stock dividends and discount accretion

 

 

1,602 

 

 

1,558 

Income available to common shareholders

 

$

2,642 

 

$

988 

Weighted average common shares outstanding - Basic

 

 

7,477 

 

 

7,333 

Plus: Potential dilutive common stock equivalents

 

 

317 

 

 

402 

Weighted average common shares outstanding - Diluted

 

 

7,794 

 

 

7,735 

Net income per common share - Basic

 

$

0.35 

 

$

0.13 

Net income per common share - Diluted

 

 

0.34 

 

 

0.13 

Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive

 

 

506 

 

 

372