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EARNINGS PER COMMON SHARE (Tables)
12 Months Ended
Dec. 31, 2016
EARNINGS PER COMMON SHARE [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table provides information relating to the calculation of earnings/(loss) per common share.

 





 

 

 

 

 

 

 

 

 

(In thousands, except per share data)

 

2016

 

2015

 

2014



 

 

 

 

 

 

 

 

 

Net income

 

$

9,638 

 

$

7,108 

 

$

5,051 



 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

12,652 

 

 

12,629 

 

 

10,945 



 

 

 

 

 

 

 

 

 

Dilutive effect of common stock equivalents

 

 

17 

 

 

10 

 

 



 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - diluted

 

 

12,669 

 

 

12,639 

 

 

10,953 



 

 

 

 

 

 

 

 

 

Income per common share - basic

 

$

0.76 

 

$

0.56 

 

$

0.46 



 

 

 

 

 

 

 

 

 

Income per common share - diluted

 

$

0.76 

 

$

0.56 

 

$

0.46