Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE

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EARNINGS PER COMMON SHARE
 9 Months Ended
Sep. 30, 2017
EARNINGS PER COMMON SHARE [Abstract]  
EARNINGS PER COMMON SHARE
NOTE 9 - 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, 2017 and 2016 are as follows (dollars in thousands, except per share data):
 
   
Three Months
    
Three Months
    
Nine Months
    
Nine Months
  
   
Ended
    
Ended
    
Ended
    
Ended
  
   
September 30,
    
September 30,
    
September 30,
    
September 30,
  
   
2017
    
2016
    
2017
    
2016
  
Net income available to common shares
  
$
4,875
    
$
4,604
    
$
14,098
    
$
11,844
  
                                 
Weighted average shares outstanding, including participating stock awards - Basic
    
33,942,248
      
33,921,599
      
33,942,318
      
33,923,067
  
                                 
Dilutive potential common shares:
                                
Stock options
    
5,021
      
---
      
6,101
      
---
  
Stock warrants
    
---
      
---
      
---
      
---
  
Weighted average shares outstanding - Diluted
    
33,947,269
      
33,921,599
      
33,948,419
      
33,923,067
  
Basic earnings per common share
  
$
0.14
    
$
0.14
    
$
0.42
    
$
0.35
  
Diluted earnings per common share
  
$
0.14
    
$
0.14
    
$
0.42
    
$
0.35
  

Stock options for 100,896 shares of common stock for both the three and nine month periods ended September 30, 2016, were not considered in computing diluted earnings per share because they were antidilutive. There were no antidilutive shares of common stock in the three and nine month periods ended September 30, 2017.