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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
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)
 
2017
 
2016
 
2017
 
2016
Net Income
 
$
4,948

 
$
6,058

 
$
9,198

 
$
9,461

Less: Preferred stock dividends and accretion
 

 

 

 

Net income available to common shareholders
 
$
4,948

 
$
6,058

 
$
9,198

 
$
9,461

Weighted average shares outstanding
 
12,207,570

 
10,970,782

 
12,187,324

 
10,962,314

Basic earnings per share
 
$
0.41

 
$
0.55

 
$
0.75

 
$
0.86

 
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)
 
2017
 
2016
 
2017
 
2016
Net income available to common shareholders
 
$
4,948

 
$
6,058

 
$
9,198

 
$
9,461

Weighted average shares outstanding
 
12,207,570

 
10,970,782

 
12,187,324

 
10,962,314

Effect of dilutive stock options
 
131,314

 
97,108

 
140,473

 
91,955

Weighted average shares of common stock and common stock equivalents
 
12,338,884

 
11,067,890

 
12,327,797

 
11,054,269

Diluted earnings per share
 
$
0.40

 
$
0.55

 
$
0.75

 
$
0.86