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EARNINGS PER COMMON SHARE | 12 Months Ended
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Dec. 31, 2016
EARNINGS PER COMMON SHARE [Abstract] |
EARNINGS PER COMMON SHARE | NOTE 16. EARNINGS PER COMMON SHARE Basic earnings/(loss) per common share is calculated by dividing net income/(loss) available to (allocable to) common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings/(loss) per common share is calculated by dividing net income/(loss) available to (allocable to) common stockholders by the weighted average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents (stock-based awards). There is no dilutive effect on the loss per share during loss periods. The following table provides information relating to the calculation of earnings/(loss) per common share. ﻿
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﻿(In thousands, except per share data) |  | 2016 |  | 2015 |  | 2014
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﻿Net income |  | $ | 9,638 |  | $ | 7,108 |  | $ | 5,051
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﻿Weighted average shares outstanding - basic |  |  | 12,652 |  |  | 12,629 |  |  | 10,945
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﻿Dilutive effect of common stock equivalents |  |  | 17 |  |  | 10 |  |  | 8
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﻿Weighted average shares outstanding - diluted |  |  | 12,669 |  |  | 12,639 |  |  | 10,953
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﻿Income per common share - basic |  | $ | 0.76 |  | $ | 0.56 |  | $ | 0.46
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﻿Income per common share - diluted |  | $ | 0.76 |  | $ | 0.56 |  | $ | 0.46
The calculations of diluted income per share excluded weighted average common stock equivalents of 0 for 2016, 0 for 2015, and 51 thousand for 2014 because the effect of including them would have been antidilutive.

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