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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
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)

 

2017

 

2016

 

2017

 

2016



 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

3,412 

 

$

2,411 

 

$

8,564 

 

$

7,143 

Weighted average shares outstanding - Basic

 

 

12,687 

 

 

12,661 

 

 

12,679 

 

 

12,648 

Dilutive effect of common stock equivalents-options

 

 

21 

 

 

 -

 

 

21 

 

 

 -

Dilutive effect of common stock equivalents-restricted stock units

 

 

 

 

15 

 

 

 

 

15 

Weighted average shares outstanding - Diluted

 

 

12,716 

 

 

12,676 

 

 

12,706 

 

 

12,663 

Earnings per common share - Basic

 

$

0.27 

 

$

0.19 

 

$

0.68 

 

$

0.56 

Earnings per common share - Diluted

 

$

0.27 

 

$

0.19 

 

$

0.67 

 

$

0.56