Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE

v2.4.1.9
EARNINGS PER COMMON SHARE
 3 Months Ended
Mar. 31, 2015
EARNINGS PER COMMON SHARE [Abstract]  
EARNINGS PER COMMON SHARE
NOTE 8 - EARNINGS PER COMMON SHARE

A reconciliation of the numerators and denominators of basic and diluted earnings per common share for the three month periods ended March 31, 2015 and 2014 are as follows (dollars in thousands, except per share data):
 
   
Three Months
Ended
March 31,
2015
    
Three Months
Ended
March 31,
2014
  
Net income available to common shares
  
$
2,840
    
$
2,639
  
                 
Weighted average shares outstanding, including participating stock awards - Basic
    
33,866,789
      
33,790,542
  
                 
Dilutive potential common shares:
                
Stock options
    
---
      
---
  
Stock warrants
    
---
      
---
  
Weighted average shares outstanding - Diluted
    
33,866,789
      
33,790,542
  
                 
Basic earnings per common share
  
$
0.08
    
$
0.08
  
Diluted earnings per common share
  
$
0.08
    
$
0.08
  

Stock options for 260,261 and 355,328 shares of common stock for the three month periods ended March 31, 2015 and 2014, respectively, were not considered in computing diluted earnings per share because they were antidilutive.