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Earnings per Common Share (Tables)

3 Months Ended

Mar. 31, 2014

Earnings per Common Share [Abstract]

Schedule of computation of earnings per common share

Earnings per common share have been computed based on the following:

		Three Months Ended March 31,
(in thousands, except per share amounts)		2014			2013
Net income		$	4,398		$	4,924
Preferred stock dividends			(28)			(56)
Net income available to common shareholders		$	4,370		$	4,868
Basic weighted average common shares outstanding			16,350			16,348
Plus: effect of dilutive options			56			26
Diluted weighted average common shares outstanding			16,406			16,374
Earnings per common share:
Basic		$	0.27		$	0.30
Diluted		$	0.27		$	0.30

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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