XML 64 R23.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Accounting Policies (Policies) | 9 Months Ended
--- | ---
Sep. 30, 2014
Accounting Policies [Abstract] |
Earnings Per Share | Basic earnings per share is computed by dividing net income available to common shareholders (net income less dividend requirements for preferred stock and accretion of preferred stock discount) by the weighted-average number of common shares outstanding. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock. The following table shows computation of basic and diluted earnings per share.
|  | Three Months Ended September 30 |  |  | Nine Months Ended September 30 |
|  | 2014 |  |  | 2013 |  |  | 2014 |  |  | 2013 |
|  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |  |  | (Unaudited) |
Basic earnings per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 4,958 |  |  | $ | 4,785 |  |  | $ | 13,153 |  |  | $ | 15,761 |
Less: Preferred stock dividends and accretion of discount |  |  | 40 |  |  |  | 66 |  |  |  | 102 |  |  |  | 308 |
Net income available to common shareholders |  | $ | 4,918 |  |  | $ | 4,719 |  |  | $ | 13,051 |  |  | $ | 15,453 |
Weighted average common shares outstanding |  |  | 9,208,707 |  |  |  | 8,618,969 |  |  |  | 9,009,663 |  |  |  | 8,617,972 |
Basic earnings per share |  | $ | 0.53 |  |  | $ | 0.55 |  |  | $ | 1.45 |  |  | $ | 1.79 |
Diluted earnings per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 4,918 |  |  | $ | 4,719 |  |  | $ | 13,051 |  |  | $ | 15,453 |
Weighted average common shares outstanding |  |  | 9,208,707 |  |  |  | 8,618,969 |  |  |  | 9,009,663 |  |  |  | 8,617,972 |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warrants |  |  | 309,790 |  |  |  | 314,353 |  |  |  | 308,647 |  |  |  | 299,704 |
Restricted stock |  |  | 36,387 |  |  |  | 40,833 |  |  |  | 37,127 |  |  |  | 39,883 |
Stock options |  |  | 33,448 |  |  |  | 45,056 |  |  |  | 33,922 |  |  |  | 41,069 |
Weighted average shares outstanding |  |  | 9,588,332 |  |  |  | 9,019,211 |  |  |  | 9,389,359 |  |  |  | 8,998,628 |
Diluted earnings per share |  | $ | 0.51 |  |  | $ | 0.52 |  |  | $ | 1.39 |  |  | $ | 1.72 |
At September 30, 2014 and 2013, there were 46,766 and no shares, respectively, which were not included in the computation of diluted earnings per share because they were non-dilutive.
Reclassifications | Reclassifications Certain reclassifications have been made to the 2013 condensed consolidated financial statements to be comparable to 2014. These reclassifications had no effect on net income.

X
- Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: 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 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerSharePolicyTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of accounting policy for reclassifications that affects the comparability of the financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755 + Details
Name: | us-gaap_PriorPeriodReclassificationAdjustmentDescription
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration