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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Earnings per share for the three and six months ended June 30, 2016 and 2015 are calculated for basic and diluted earnings per share as follows: 
 
 
 
Basic
 
Diluted
 
Basic
 
Diluted
 
(in thousands, except per share amounts)
 
Three Months Ended
June 30,
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
2016
 
2015
 
Net income
 
$
1,125
 
$
3,571
 
$
1,125
 
$
3,571
 
$
2,471
 
$
7,940
 
$
2,471
 
$
7,940
 
Net income allocated to restricted stock
 
 
(8)
 
 
(24)
 
 
(8)
 
 
(23)
 
 
(17)
 
 
(53)
 
 
(17)
 
 
(52)
 
Net income allocated to common shares
 
$
1,117
 
$
3,547
 
$
1,117
 
$
3,548
 
$
2,454
 
$
7,887
 
$
2,454
 
$
7,888
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic Weighted-Average Shares Outstanding
 
 
11,402
 
 
11,344
 
 
11,402
 
 
11,344
 
 
11,398
 
 
11,335
 
 
11,398
 
 
11,335
 
Dilutive effect of stock options
 
 
 
 
 
 
 
 
139
 
 
205
 
 
 
 
 
 
 
 
116
 
 
221
 
Diluted Weighted-Average Shares Outstanding
 
 
 
 
 
 
 
 
11,541
 
 
11,549
 
 
 
 
 
 
 
 
11,514
 
 
11,556
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings Per Share
 
$
0.10
 
$
0.31
 
$
0.10
 
$
0.31
 
$
0.22
 
$
0.70
 
$
0.21
 
$
0.68