Earnings per Common Share

3 Months Ended

Mar. 31, 2016

Earnings per Common Share [Abstract]

Earnings per Common Share

(12)         Earnings per Common Share

Earnings per share are computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during each of the years presented.  The following data show the amounts used in computing basic and diluted earnings per share.

The computations of basic earnings per common share follow:

(Dollars in thousands, except per share data)	Three Months Ended March 31,
	2016		2015
Net Income	$	1,805	$	963
Less:  Dividends on Series B preferred stock		-		87
Net income available to common shareholders	$	1,805	$	876
Weighted average common shares outstanding		4,226,731		3,747,167
Basic earnings per common share	$	0.43	$	0.23

Mid Penn had no dilutive instruments outstanding as of March 31, 2016 and 2015.