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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
Earnings Per Common Share

Earnings per common share was computed based on the following:

 

     Years Ended December 31,  

(in thousands, except per share data)

   2013      2012      2011  

Numerator:

        

Income applicable to common shares

   $ 7,294       $ 9,190       $ 5,120   
  

 

 

    

 

 

    

 

 

 

Denominator:

        

Weighted average common shares outstanding

     6,591         6,912         7,106   

Effect of dilutive securities:

        

Restricted stock

     317         271         125   
  

 

 

    

 

 

    

 

 

 

Weighted average common shares outstanding - assuming dilution

     6,908         7,183         7,231   
  

 

 

    

 

 

    

 

 

 

Earnings per common share

   $ 1.11       $ 1.33       $ 0.72   
  

 

 

    

 

 

    

 

 

 

Earnings per common share - assuming dilution

   $ 1.06       $ 1.28       $ 0.71