Annual report pursuant to Section 13 and 15(d)

EARNINGS PER COMMON SHARE (Tables)

v3.8.0.1
EARNINGS PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 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 are as follows (dollars in thousands, except per share data):
 
   
2017
   
2016
   
2015
 
Net income available to common shares
 
$
16,292
   
$
15,951
   
$
12,794
 
                         
Weighted average shares outstanding, including participating stock awards - Basic
   
33,946,520
     
33,922,548
     
33,872,814
 
                         
Dilutive potential common shares:
                       
Stock options
   
6,352
     
---
     
---
 
Stock warrants
   
---
     
---
     
---
 
Weighted average shares outstanding - Diluted
   
33,952,872
     
33,922,548
     
33,872,814
 
                         
Basic earnings per common share
 
$
0.48
   
$
0.47
   
$
0.38
 
                         
Diluted earnings per common share
 
$
0.48
   
$
0.47
   
$
0.38