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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table provides information relating to the calculation of earnings per common share:

 





 

 

 

 

 

 

 

 

 

 

 

 



 

For the Three Months Ended

 

For the Nine Months Ended



 

September 30,

 

September 30,

(In thousands, except per share data)

 

2016

 

2015

 

2016

 

2015



 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

2,411 

 

$

1,909 

 

$

7,143 

 

$

4,945 

Weighted average shares outstanding - Basic

 

 

12,661 

 

 

12,630 

 

 

12,648 

 

 

12,627 

Dilutive effect of common stock equivalents

 

 

15 

 

 

10 

 

 

15 

 

 

10 

Weighted average shares outstanding - Diluted

 

 

12,676 

 

 

12,640 

 

 

12,663 

 

 

12,637 

Earnings per common share - Basic

 

$

0.19 

 

$

0.15 

 

$

0.56 

 

$

0.39 

Earnings per common share - Diluted

 

$

0.19 

 

$

0.15 

 

$

0.56 

 

$

0.39