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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:























 

 

 

 

(Amounts, except earnings per share, in thousands)

 

 

 

 



 

 

 

 



 

Three Months

 

Three Months



 

Ended

 

Ended



 

March 31, 2016

 

March 31, 2015



 

 

 

 

Net income

 

$                             1,292 

 

$                               924 

Weighted-average common shares outstanding

 

4,798 

 

4,187 

Basic earnings per share

 

$                              0.27 

 

$                              0.22 



 

 

 

 

Weighted-average common shares outstanding

 

4,798 

 

4,187 

Common stock equivalents due to effect of stock options

 

 -

 

Total weighted-average common shares and equivalents

 

4,798 

 

4,188 

Diluted earnings per share

 

$                              0.27 

 

$                              0.22