Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE (Tables)

v3.3.0.814
EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2015
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, 2015 and 2014 are as follows (dollars in thousands, except per share data):
 
   
Three Months
Ended
September 30,
2015
   
Three Months
Ended
September 30,
2014
   
Nine Months
Ended
September 30,
2015
   
Nine Months
Ended
September 30,
2014
 
Net income available to common shares
 
$
3,201
   
$
2,762
   
$
9,256
   
$
8,155
 
                                 
Weighted average shares outstanding, including participating stock awards - Basic
   
33,866,789
     
33,795,384
     
33,866,789
     
33,791,470
 
                                 
Dilutive potential common shares:
                               
Stock options
   
---
     
---
     
---
     
---
 
Stock warrants
   
---
     
---
     
---
     
---
 
Weighted average shares outstanding - Diluted
   
33,866,789
     
33,795,384
     
33,866,789
     
33,791,470
 
                                 
Basic earnings per common share
 
$
0.09
   
$
0.08
   
$
0.27
   
$
0.24
 
Diluted earnings per common share
 
$
0.09
   
$
0.08
   
$
0.27
   
$
0.24