Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Summary of Significant Accounting Policies [Abstract]

Schedule of reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share

The following is a reconciliation of the numerators and denominators used in computing Basic and Diluted Earnings Per Common Share:

	For the Years Ended December 31,
	2014						2013						2012
($ in thousands, except per share amounts)	Income (Numer- ator)		Shares (Denom- inator)		Per Share Amount		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	$	24,128		19,699,801	$	1.22	$	19,804		19,675,597	$	1.01	$	(26,215	)		17,049,513	$	(1.54	)

Effect of dilutive securities		233		734,206				233		728,706				-			−

Diluted EPS per common share	$	24,361		20,434,007	$	1.19	$	20,037		20,404,303	$	0.98	$	(26,215	)		17,049,513	$	(1.54	)

Schedule of accumulated other comprehensive income (loss)

The components of accumulated other comprehensive income (loss) for the Company are as follows:

($ in thousands)	December 31, 2014		December 31, 2013		December 31, 2012
Unrealized gain (loss) on securities available for sale	$	(691)		(2,021)		3,290
Deferred tax asset (liability)		270		789		(1,283)
Net unrealized gain (loss) on securities available for sale		(421)		(1,232)		2,007

Additional pension asset (liability)		(257)		5,135		(3,579)
Deferred tax asset (liability)		100		(2,003)		1,396
Net additional pension asset (liability)		(157)		3,132		(2,183)

Total accumulated other comprehensive income (loss)	$	(578)		1,900		(176)

Schedule of changes in accumulated other comprehensive income (loss)

The following table discloses the changes in accumulated other comprehensive income (loss) for the year ended December 31, 2014 (all amounts are net of tax).

($ in thousands)	Unrealized Gain (Loss) on Securities Available for Sale		Additional Pension Asset (Liability)		Total
Beginning balance at January 1, 2014	$	(1,232)		3,132		1,900
Other comprehensive income (loss) before reclassifications		1,290		(3,154)		(1,864)
Amounts reclassified from accumulated other comprehensive income		(479)		(135)		(614)
Net current-period other comprehensive income (loss)		811		(3,289)		(2,478)

Ending balance at December 31, 2014	$	(421)		(157)		(578)

The following table discloses the changes in accumulated other comprehensive income (loss) for the year ended December 31, 2013 (all amounts are net of tax).

($ in thousands)	Unrealized Gain (Loss) on Securities Available for Sale		Additional Pension Asset (Liability)		Total
Beginning balance at January 1, 2013	$	2,007		(2,183)		(176)
Other comprehensive income (loss) before reclassifications		(2,914)		5,346		2,432
Amounts reclassified from accumulated other comprehensive income		(325)		(31)		(356)
Net current-period other comprehensive income (loss)		(3,239)		5,315		2,076

Ending balance at December 31, 2013	$	(1,232)		3,132		1,900