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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
A reconciliation of the numerators and denominators of the basic and diluted EPS computations is as follows:
 
Basic Earnings Per Share
 
For the Three Months
Ended June 30,
 
For the Six Months Ended June 30,
(In thousands, except share and per share amounts)
 
2013
 
2012
 
2013
 
2012
Net Income
 
$
1,287

 
$
1,709

 
$
3,070

 
$
3,422

Less: Preferred stock dividends and accretion
 
(88
)
 
(87
)
 
(175
)
 
(175
)
Income available to common shareholders
 
$
1,199

 
$
1,622

 
$
2,895

 
$
3,247

Weighted average shares outstanding
 
9,587,376

 
9,592,045

 
9,573,257

 
9,581,172

Basic earnings per share
 
$
0.13

 
$
0.17

 
$
0.30

 
$
0.34

 
Diluted Earnings Per Share
 
For the Three Months
Ended June 30,
 
For the Six Months Ended June 30,
(In thousands, except share and per share amounts)
 
2013
 
2012
 
2013
 
2012
Net Income
 
$
1,287

 
$
1,709

 
$
3,070

 
$
3,422

Less: Preferred stock dividends and accretion
 
(88
)
 
(87
)
 
(175
)
 
(175
)
Income available to common shareholders
 
$
1,199

 
$
1,622

 
$
2,895

 
$
3,247

Weighted average shares outstanding
 
9,587,376

 
9,592,045

 
9,573,257

 
9,581,172

Effect of dilutive stock options
 
57,562

 
26,931

 
56,514

 
22,884

Weighted average shares of common stock and common stock equivalents
 
9,644,938

 
9,618,976

 
9,629,771

 
9,604,056

Diluted earnings per share
 
$
0.12

 
$
0.17

 
$
0.30

 
$
0.34