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Earnings Per Common Share (Tables)
6 Months Ended
Jun. 30, 2012
Earnings Per Common Share Tables  
Reconciliation of the numerators and denominators used in computing basic and diluted earnings per common share

 

  For the Three Months Ended June 30,  
    2012     2011  
($ in thousands except per
share amounts)
  Income
(Numer-
ator)
    Shares
(Denom-
inator)
    Per Share
Amount
    Income
(Numer-
ator)
    Shares
(Denom-
inator)
    Per Share
Amount
 
                                     
Basic EPS                                                
Net income available to common shareholders   $ 2,461       16,952,624     $ 0.15     $ 2,685       16,841,289     $ 0.16  
                                                 
Effect of Dilutive Securities     -       -               -       27,282          
                                                 
Diluted EPS per common share   $ 2,461       16,952,624     $ 0.15     $ 2,685       16,868,571     $ 0.16  

 

 

    For the Six Months Ended June 30,  
    2012     2011  
($ in thousands except per
share amounts)
  Income
(Numer-
ator)
    Shares
(Denom-
inator)
    Per Share
Amount
    Income
(Numer-
ator)
    Shares
(Denom-
inator)
    Per Share
Amount
 
                                     
Basic EPS                                                
Net income (loss) available to common shareholders   $ (3,481 )     16,938,620     $ (0.21 )   $ 8,018       16,827,615     $ 0.48  
                                                 
Effect of Dilutive Securities     -       -               -       27,412          
                                                 
Diluted EPS per common share   $ (3,481 )     16,938,620     $ (0.21 )   $ 8,018       16,855,027     $ 0.48