XML 49 R39.htm IDEA: XBRL DOCUMENT v3.4.0.3
Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Computations of Earnings per Common Share
The computations are as follows for the three months ended March 31, 2016 and 2015 (dollars in thousands, except share and per share data):
 
 
For the Three Months
Ended March 31,
 
 
2016
 
2015
Net income
 
$
2,964

 
2,834

Weighted average number of shares outstanding used in the calculation of basic earnings per common share
 
9,916,114

 
9,312,636

Add dilutive effect of:
 
 

 
 

Stock options
 
17,225

 
16,203

Stock warrants
 
63,487

 
81,935

Restricted shares
 
1,690

 

Adjusted weighted average number of shares outstanding used in the calculation of diluted earnings per common share
 
9,998,516

 
9,410,774

Earnings per common share:
 
 

 
 

Basic
 
$
0.30

 
0.30

Diluted
 
0.30

 
0.30