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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2014
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)
 
2014
 
2013
 
2014
 
2013
Net Income
 
$
2,693

 
$
1,287

 
$
5,309

 
$
3,070

Less: Preferred stock dividends and accretion
 

 
(88
)
 

 
(175
)
Income available to common shareholders
 
$
2,693

 
$
1,199

 
$
5,309

 
$
2,895

Weighted average shares outstanding
 
10,918,065

 
9,587,376

 
10,917,010

 
9,573,257

Basic earnings per share
 
$
0.25

 
$
0.13

 
$
0.49

 
$
0.30

 
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)
 
2014
 
2013
 
2014
 
2013
Net Income
 
$
2,693

 
$
1,287

 
$
5,309

 
$
3,070

Less: Preferred stock dividends and accretion
 

 
(88
)
 

 
(175
)
Income available to common shareholders
 
$
2,693

 
$
1,199

 
$
5,309

 
$
2,895

Weighted average shares outstanding
 
10,918,065

 
9,587,376

 
10,917,010

 
9,573,257

Effect of dilutive stock options
 
81,598

 
57,562

 
79,562

 
56,514

Weighted average shares of common stock and common stock equivalents
 
10,999,663

 
9,644,938

 
10,996,572

 
9,629,771

Diluted earnings per share
 
$
0.24

 
$
0.12

 
$
0.48

 
$
0.30