XML 53 R22.htm IDEA: XBRL DOCUMENT v2.4.0.6

Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings Per Common Share [Abstract]

The calculation for basic and diluted earnings per common share

The calculation for basic and diluted earnings per common share follows:

		Three Months Ended June 30,								Six Months Ended June 30,
(Amounts in thousands, except share and per share data)		2012				2011				2012				2011
Net income		$	4,078			$	5,728			$	10,079			$	11,479
Dividends on preferred stock			283				131				566				131
Net income available to common shareholders		$	3,795			$	5,597			$	9,513			$	11,348
Weighted average common shares outstanding, basic			18,561,714				17,895,904				18,205,545				17,882,006
Diluted shares for stock options			41,979				27,497				38,488				6,706
Contingently issuable shares			—				8,527				—				8,527
Convertible preferred shares			1,305,549				602,561				1,305,549				302,945
Weighted average common shares outstanding, diluted			19,909,242				18,534,489				19,549,582				18,200,184
Basic earnings per common share		$	0.20			$	0.31			$	0.52			$	0.63
Diluted earnings per common share		$	0.20			$	0.31			$	0.52			$	0.63

Options and warrants to purchase the Company's Common Stock

The following outstanding options and warrants to purchase the Company’s Common Stock (“Common Stock”) were excluded from the calculation of diluted earnings per share because the exercise price was greater than the market value of the Common Stock, which would result in an antidilutive effect on diluted earnings per share:

		Three Months Ended								Six Months Ended
		June 30,								June 30,
		2012				2011				2012				2011
Options and warrants			451,915				457,045				451,915				480,396

X

- Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (a)

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

+ Details

Name:	us-gaap_ScheduleOfCalculationOfNumeratorAndDenominatorInEarningsPerShareTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in stock options.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfStockOptionsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration