Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE (Tables)

v3.7.0.1
EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2017
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 six month periods ended June 30, 2017 and 2016 are as follows (dollars in thousands, except per share data):
 
   
Three Months
Ended
June 30,
2017
   
Three Months
Ended
June 30,
2016
   
Six Months
Ended
June 30,
2017
   
Six Months
Ended
June 30,
2016
 
Net income available to common shares
 
$
4,762
   
$
3,745
   
$
9,223
   
$
7,240
 
                                 
Weighted average shares outstanding, including participating stock awards - Basic
   
33,942,318
     
33,922,506
     
33,941,668
     
33,923,810
 
                                 
Dilutive potential common shares:
                               
Stock options
   
5,809
     
---
     
6,703
     
---
 
Stock warrants
   
---
     
---
     
---
     
---
 
Weighted average shares outstanding - Diluted
   
33,948,127
     
33,922,506
     
33,948,371
     
33,923,810
 
Basic earnings per common share
 
$
0.14
   
$
0.11
   
$
0.27
   
$
0.21
 
Diluted earnings per common share
 
$
0.14
   
$
0.11
   
$
0.27
   
$
0.21