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Earnings Per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE
Earnings per share for the three months ended March 31, 2015 and 2014 were as follows:
 
 
 
Three Months Ended March 31,
(Dollars in thousands, except per share data)
 
2015
 
2014
 
 
 
 
 
Net income
 
$
2,462

 
$
1,978

Weighted average shares outstanding (basic)
 
8,110

 
8,108

Impact of common stock equivalents
 
24

 
0

Weighted average shares outstanding (diluted)
 
8,134

 
8,108

Per share information:
 
 
 
 
Basic earnings per share
 
$
0.30

 
$
0.24

Diluted earnings per share
 
0.30

 
0.24


Stock options amounting to 130,000 and 206,000 shares of common stock were not considered in computing diluted earnings per share for the three months ended March 31, 2015 and 2014 as their exercise would have been antidilutive as the exercise price exceeded the average market value.