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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2018
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, 2018 and 2017 (dollars in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

 

    

2018

    

2017

 

 

 

 

 

 

 

 

 

(Numerator):

 

 

 

 

 

 

 

Net income

 

$

1,537

 

$

1,726

 

 

 

 

 

 

 

 

 

(Denominator):

 

 

 

 

 

 

 

Weighted average shares outstanding

 

 

6,304,203

 

 

6,270,034

 

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

 

 

26,007

 

 

10,343

 

Diluted weighted average shares outstanding

 

 

6,330,210

 

 

6,280,377

 

Income per common share:

 

 

 

 

 

 

 

Basic

 

$

0.24

 

$

0.28

 

Diluted

 

$

0.24

 

$

0.28