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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2016
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, 2016 and 2015 (dollars in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

    

2016

    

2015

 

 

 

 

 

 

 

 

 

(Numerator):

 

 

 

 

 

 

 

Net income

 

$
1,132

 

$
1,371

 

 

 

 

 

 

 

 

 

(Denominator):

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 
6,214,083

 

 
6,256,475

 

Effect of dilutive stock options, and vesting of restricted stock units

 

 
13,902

 

 
12,267

 

Diluted weighted average shares outstanding

 

 
6,227,985

 

 
6,268,742

 

Income per common share:

 

 

 

 

 

 

 

Basic

 

$

.18

 

$

.22

 

Diluted

 

$

.18

 

$

.22