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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares
The following is a reconciliation of the weighted-average common shares for the basic and diluted earnings per share computations for the three and nine months ended September 30, 2016 and 2015
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
Basic earnings per share
 
 

 
 

 
 
 
 
Net income
 
$
3,098

 
$
2,323

 
$
8,364

 
$
6,651

Weighted-average common shares
 
5,597,867

 
4,532,360

 
5,039,497

 
4,526,377

Basic earnings per common share
 
$
0.55

 
$
0.51

 
$
1.66

 
$
1.47

Diluted earnings per share
 
 

 
 

 
 

 
 

Net income
 
$
3,098

 
$
2,323

 
$
8,364

 
$
6,651

Weighted-average common shares
 
5,597,867

 
4,532,360

 
5,039,497

 
4,526,377

Dilutive effect of warrants
 
8,877

 
17,264

 
9,967

 
8,153

Dilutive effect of equity compensation
 
15,437

 
24,831

 
13,835

 
14,917

     Weighted-average common and incremental shares
 
5,622,181

 
4,574,455

 
5,063,299

 
4,549,447

Diluted earnings per common share
 
$
0.55

 
$
0.51

 
$
1.65

 
$
1.46

Number of warrants excluded from the calculation of diluted earnings per share as the exercise prices were greater than the average market price of the Company’s common stock during the period