Computation of Income (Loss) Per Share |
The following table provides a reconciliation of the numerator and the denominator of the basic EPS computation with the numerator and the denominator of the diluted EPS computation: | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2014 | | 2013 | | 2014 | | 2013 | Net income available to common shareholders (in thousands) | $ | 2,047 |
| | $ | 1,397 |
| | $ | 2,956 |
| | $ | 2,472 |
| | | | | | | | | Weighted average shares issued | 15,097,282 |
| | 15,095,299 |
| | 15,097,282 |
| | 15,093,567 |
| Add: dilutive effect of stock options | 9,338 |
| | 1,680 |
| | 8,206 |
| | 4,059 |
| Weighted average shares outstanding adjusted for potential dilution | 15,106,620 |
| | 15,096,979 |
| | 15,105,488 |
| | 15,097,626 |
| | | | | | | | | Basic earnings per share | $ | 0.14 |
| | $ | 0.09 |
| | $ | 0.20 |
| | $ | 0.16 |
| Diluted earnings per share | $ | 0.14 |
| | $ | 0.09 |
| | $ | 0.20 |
| | $ | 0.16 |
| Anti-dilutive stock options excluded from earnings per share calculation | 151,000 |
| | 165,000 |
| | 151,000 |
| | 169,000 |
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