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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2016
EARNINGS PER SHARE  
Schedule of reconciliations of the calculations of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Twelve Months Ended 

 

 

 

December 31,

 

(In thousands except per share data)

    

2016

    

2015

    

2014

 

Net income

 

$
14,883

 

$
12,618

 

$
12,125

 

Weighted average common shares outstanding

 

 
6,871

 

 
6,373

 

 
6,326

 

Dilutive effect of common stock equivalents

 

 
25

 

 
13

 

 
18

 

Weighted average common and common equivalent shares outstanding

 

 
6,896

 

 
6,386

 

 
6,344

 

Basic earnings per common share

 

$
2.17

 

$
1.98

 

$
1.92

 

Diluted earnings per common share

 

$
2.16

 

$
1.98

 

$
1.91