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Earnings Per Share
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
Earnings per share of common stock are based on the weighted-average number of basic shares and dilutive shares outstanding during the period.
 
The following is a reconciliation of the weighted-average common shares for the basic and diluted earnings per share computations for the three months ended March 31, 2014 and 2013:
 
 
 
Three Months Ended
March 31,
 
 
2014
 
2013
Basic earnings per share
 
 

 
 

Net income available to common shareholders
 
$
600

 
$
1,488

Weighted-average common shares
 
4,494,670

 
2,886,222

Basic earnings per common share
 
$
0.13

 
$
0.52

 
 
 
 
 
Diluted earnings per share
 
 

 
 

Net income applicable to diluted earnings per share
 
$
600

 
$
1,488

Weighted-average common shares
 
4,494,670

 
2,886,222

Dilutive effect of warrants
 
6,852

 

Dilutive effect of equity compensation
 
183

 

     Weighted-average common and incremental shares
 
4,501,705

 
2,886,222

Diluted earnings per common share
 
$
0.13

 
$
0.52

Number of warrants excluded from the calculation of diluted earnings per share as the exercise prices were greater than the average market price of the Company’s common stock during the period