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Earnings Per Share Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table sets forth the computation of the basic and diluted earnings per share for the three months ended March 31, 2012 and March 31, 2013: 
 
For the three months ended March 31,
 
2012
 
2013
 
 
Net income
$
4,459

 
$
5,258

Net income allocated to non-vested share awards
(110
)
 
(118
)
Preferred stock dividend
(4
)
 
(4
)
Undistributed earnings available to common stockholders
$
4,345

 
$
5,136

Income (loss) from discontinued operations
389

 
(323
)
Undistributed earnings from continuing operations available to common stockholders
3,956

 
5,459

 
 
 
 
Weighted average number of common shares outstanding for basic EPS computation
18,265

 
18,139

Effect of dilutive securities:
 
 
 
Stock options
55

 
197

Convertible junior subordinated debentures

 
4,392

Weighted average number of common and common equivalent shares outstanding for diluted EPS computation
18,320

 
22,728

 
 
 
 
Basic earnings per common share:
 
 
 
Undistributed earnings
$
0.22

 
$
0.30

Allocation of earnings to non-vested share awards

 
0.01

Basic earnings per share from continuing operations
0.22

 
0.31

Discontinued operations
0.02

 
(0.02
)
Basic earnings per common share
$
0.24

 
$
0.29

 
 
 
 
Diluted earnings per common share:
 
 
 
Undistributed earnings
$
0.22

 
$
0.26

Allocation of earnings to non-vested share awards

 
0.01

Diluted earnings per share from continuing operations
0.22

 
0.27

Discontinued operations
0.02

 
(0.02
)
Diluted earnings per common share
$
0.24

 
$
0.25

Schedule of Calculation of Numerator and Denominator in Earnings Per Share
The following table sets forth the reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for the three months ended March 31, 2013: 
 
For the three months ended
March 31, 2013
 
Income (Numerator)
 
Shares (Denominator)
 
Per-Share Amount
Net income
$
5,258

 
 
 


Less: Preferred Stock dividends
(4
)
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
 
 
 
 
Net income available to common stockholders
5,254

 
18,139

 
$
0.29

 
 
 
 
 
 
Effect of dilutive securities
 
 
 
 
 
Stock options

 
197

 
 
Convertible junior subordinated debentures
484

 
4,392

 
 
 
 
 
 
 
 
Diluted earnings per share
 
 
 
 
 
Net income available to common stockholders and assumed conversions
$
5,738

 
22,728

 
$
0.25