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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2015
EARNINGS PER SHARE  
Schedule of earnings per common share (EPS) computation

 

 

 

 

March 31, 2015

 

March 31, 2014

 

For the three months ended:

 

Net
Income

 

Weighted
Average
Shares

 

Per
Share
Amount

 

Net
Income

 

Weighted
Average
Shares

 

Per
Share
Amount

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to common shareholders

 

$

7,663 

 

21,690,495 

 

$

0.35 

 

$

6,225 

 

20,433,279 

 

$

0.30 

 

Effect of dilutive warrants

 

 

 

130,274 

 

 

 

 

 

65,989 

 

 

 

Effect of dilutive stock options

 

 

 

94,665 

 

 

 

 

 

65,665 

 

 

 

Net income available to common shareholders and assumed conversions

 

$

7,663 

 

21,915,434 

 

$

0.35 

 

$

6,225 

 

20,564,933 

 

$

0.30