EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2015

EARNINGS PER SHARE

Schedule showing the computation of basic and diluted earnings per share

The following shows the computation of basic and diluted earnings per share for the three months ended March 31, 2015 and 2014 (dollars in thousands, except per share data):

	Three Months Ended March 31,
	2015		2014
(Numerator):
Net income available to common shareholders	$	1,371	$	660
(Denominator):
Weighted average shares outstanding - basic	6,256,475		5,530,908
Effect of dilutive stock options and vesting of restricted stock units	12,267		20,901
Weighted average shares outstanding - diluted	6,268,742		5,551,809
Income per common share:
Basic	$	.22	$	.12
Diluted	$	.22	$	.12