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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 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 and nine months ended September 30, 2016 and 2015 (dollars in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

    

2016

    

2015

    

2016

    

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Numerator):

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$
1,778

 

$
1,018

 

$
2,785

 

$
4,003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Denominator):

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 
6,238,756

 

 
6,238,963

 

 
6,226,900

 

 
6,247,416

 

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

 

 
20,999

 

 
39,046

 

 
33,525

 

 
31,400

 

Diluted weighted average shares outstanding

 

 
6,259,755

 

 
6,278,009

 

 
6,260,425

 

 
6,278,816

 

Income per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$
0.29

 

$
0.16

 

$

.45

 

$

.64

 

Diluted

 

$
0.28

 

$
0.16

 

$

.45

 

$

.64