EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2016

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

NOTE 17 – EARNINGS PER SHARE

A reconciliation of the numerators and denominators of the earnings per common share and earnings per common share assuming dilution computations for 2016, 2015 and 2014 is presented below:

	2016		2015		2014
Basic earnings per share:
Income available to common stockholders	$	12,174	$	12,446	$	12,552
Weighted average common shares outstanding		10,539,271		8,978,972		8,898,692
Earnings per share	$	1.16	$	1.38	$	1.41
Diluted earnings per share:
Income available to common stockholders	$	12,174	$	12,446	$	12,552
Weighted average common shares outstanding		10,539,271		8,978,972		8,898,692
Add dilutive effects of potential additional common stock		64,248		229,863		557,234
Weighted average common and dilutive potential Common shares outstanding		10,603,519		9,208,835		9,455,926
Earnings per share assuming dilution	$	1.15	$	1.35	$	1.33

Stock options for 25,850 and 25,850 shares of common stock were not considered in computing diluted earnings per share for 2015 and 2014 because they were antidilutive.  There were no stock options considered antidilutive for 2016.