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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share  
Schedule of information used to compute basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

(Dollars in thousands, except per share data)

 

2016

 

2015

 

2016

 

2015

 

Net income

 

$

4,037

 

$

3,837

 

$

7,821

 

$

7,363

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of shares used in:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

 

9,059,515

 

 

9,053,383

 

 

9,047,217

 

 

9,086,865

 

Dilutive common stock equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options and restricted stock units

 

 

285,747

 

 

254,605

 

 

276,215

 

 

227,911

 

Diluted earnings per share

 

 

9,345,262

 

 

9,307,988

 

 

9,323,432

 

 

9,314,776

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per common share, basic

 

$

0.45

 

$

0.42

 

$

0.86

 

$

0.81

 

Net income per common share, diluted

 

$

0.43

 

$

0.41

 

$

0.84

 

$

0.79