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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

Earnings per share have been computed based on the following (average diluted shares outstanding are calculated using the treasury stock method):
 
 
Three Months Ended March 31,
(In thousands, except per share and share data)
 
2017
 
2016
Net income
 
$
4,211

 
$
4,406

 
 
 
 
 
Average number of basic common shares outstanding
 
14,471,147

 
9,013,797

Plus: dilutive effect of stock options and awards outstanding
 
120,126

 
107,739

Average number of diluted common shares outstanding
 
$
14,591,273

 
$
9,121,536

 
 
 
 
 
Earnings per share:
 
 

 
 

Basic
 
$
0.29

 
$
0.49

Diluted
 
$
0.29

 
$
0.48