Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE (Tables)

v3.5.0.2
EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2016
EARNINGS PER COMMON SHARE [Abstract]  
Reconciliation of Numerators and Denominators of Basic and Diluted Earnings per Common Share
A reconciliation of the numerators and denominators of basic and diluted earnings per common share for the three and nine month periods ended September 30, 2016 and 2015 are as follows (dollars in thousands, except per share data):
 
   
Three Months
Ended
September 30,
2016
   
Three Months
Ended
September 30,
2015
   
Nine Months
Ended
September 30,
2016
   
Nine Months
Ended
September 30,
2015
 
Net income available to common shares
 
$
4,604
   
$
3,201
   
$
11,844
   
$
9,256
 
                                 
Weighted average shares outstanding, including participating stock awards - Basic
   
33,921,599
     
33,866,789
     
33,923,067
     
33,866,789
 
                                 
Dilutive potential common shares:
                               
Stock options
   
---
     
---
     
---
     
---
 
Weighted average shares outstanding - Diluted
   
33,921,599
     
33,866,789
     
33,923,067
     
33,866,789
 
Basic earnings per common share
 
$
0.14
   
$
0.09
   
$
0.35
   
$
0.27
 
Diluted earnings per common share
 
$
0.14
   
$
0.09
   
$
0.35
   
$
0.27