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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2017
EARNINGS PER SHARE  
Schedule of reconciliations of the calculations of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended 

 

 

 

March 31,

 

(In thousands except per share data)

    

2017

    

2016

 

Net income

 

$

3,611

 

$

3,490

 

Weighted average common shares outstanding

 

 

6,904

 

 

6,856

 

Dilutive effect of common stock equivalents

 

 

25

 

 

110

 

Weighted average common and common equivalent shares outstanding

 

 

6,929

 

 

6,966

 

Basic earnings per common share

 

$

0.52

 

$

0.51

 

Diluted earnings per common share

 

$

0.52

 

$

0.50