Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Common Share

Schedule of computation of basic and diluted earnings per share

	Three Months Ended  March 31,
	2016				2015
	Amount		Per Share Amount		Amount		Per Share Amount
	(Amounts in thousands, except per share amounts)
Net income	$	1,839			$	4,649
Basic:
Weighted average shares outstanding		36,706	$	0.05		26,176	$	0.18
Diluted:
Add incremental shares for:
Effect of dilutive securities - options		3				183
Total		36,709	$	0.05		26,359	$	0.18

Schedule of Companys share repurchase activities

The following table described the Company’s share repurchase activities for the three months ended March 31, 2016:

Period	Total Number of Shares Purchased	Average Price Paid per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Program	Approximate Dollar Value of Shares that May Yet Be Purchased under the Plans or Programs(1)
January 1 - January 31, 2016	-	$	-	-	$	15,000,000
February 1 - February 29, 2016	178,000		7.04	178,000		13,746,730
March 1 - March 31,  2016	-		-	-		13,746,730
Total	178,000	$	7.04	178,000