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Net Income per Share (Tables)
12 Months Ended
Dec. 31, 2014
Net Income per Share [Abstract]  
Reconciliation Of The Calculation Of Basic And Diluted Income Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the years ended December 31,

(In thousands, except per share amounts)

 

 

2014

 

2013

Net income

 

 

$

6,408 

 

$

5,115 

Less: Preferred stock dividends and discount accretion

 

 

 

 -

 

 

988 

Income available to common shareholders

 

 

$

6,408 

 

$

4,127 

Weighted average common shares outstanding - Basic

 

 

 

7,856 

 

 

7,547 

Plus: Potential dilutive common stock equivalents

 

 

 

89 

 

 

263 

Weighted average common shares outstanding - Diluted

 

 

 

7,945 

 

 

7,810 

Net income per common share - Basic

 

 

$

0.82 

 

$

0.55 

Net income per common share - Diluted

 

 

 

0.81 

 

 

0.53 

Stock options and common stock excluded from the income per share calculation as their effect would have been anti-dilutive

 

 

 

114 

 

 

377