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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2017
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, 2017 and 2016 (dollars in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

    

2017

    

2016

 

 

 

 

 

 

 

 

 

(Numerator):

 

 

 

 

 

 

 

Net income

 

$

1,726

 

$

1,132

 

 

 

 

 

 

 

 

 

(Denominator):

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

6,270,034

 

 

6,214,083

 

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

 

 

10,343

 

 

13,902

 

Diluted weighted average shares outstanding

 

 

6,280,377

 

 

6,227,985

 

Income per common share:

 

 

 

 

 

 

 

Basic

 

$

.28

 

$

.18

 

Diluted

 

$

.28

 

$

.18