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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 23. EARNINGS PER SHARE

The following is a summary of the information used in the computation of basic and diluted earnings per common share for the years ended December 31, 2015, 2014 and 2013 (in thousands, except share data).

 

 

December 31,

 

 

2015

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

Net income available to common stockholders

$

7,073

 

 

$

5,397

 

 

$

3,168

 

Weighted average number of common shares outstanding

   used in computation of basic earnings per common share

 

7,214,045

 

 

 

5,533,514

 

 

 

3,667,929

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

Restricted stock

 

5,861

 

 

 

41,467

 

 

 

32,141

 

Stock options

 

21,150

 

 

 

22,811

 

 

 

29,773

 

Stock warrants

 

16,952

 

 

 

179,510

 

 

 

193,532

 

Weighted average number of common shares outstanding

   plus effect of dilutive securities used in computation

   of diluted earnings per common share

 

7,258,008

 

 

 

5,777,302

 

 

 

3,923,375

 

Basic earnings per share

$

0.98

 

 

$

0.98

 

 

$

0.86

 

Diluted earnings per share

$

0.97

 

 

$

0.93

 

 

$

0.81