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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2016
EARNINGS PER SHARE  
Schedule of earnings per common share (EPS) computation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

March 31, 2016

 

March 31, 2015

 

 

 

Net

 

Average

 

Share

 

Net

 

Average

 

Share

 

Three Months Ended March 31, 2016

    

Income

    

Shares

    

Amount

    

Income

    

Shares

    

Amount

 

Basic Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

8,766

 

21,607,289

 

$

0.41

 

$

7,663

 

21,690,495

 

$

0.35

 

Effect of dilutive warrants

 

 

 

 

161,675

 

 

 

 

 

 

 

130,274

 

 

 

 

Effect of dilutive stock options

 

 

 

 

104,074

 

 

 

 

 

 

 

94,665

 

 

 

 

Diluted Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders and assumed conversions

 

$

8,766

 

21,873,038

 

$

0.40

 

$

7,663

 

21,915,434

 

$

0.35