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Earnings Per Share | 3 Months Ended
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Mar. 31, 2017
Earnings Per Share [Abstract] |
Earnings Per Share | ﻿ Note 2 – Earnings Per Share Basic earnings per common share is calculated by dividing net income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per common share is calculated by dividing net income available 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). The following table provides information relating to the calculation of earnings per common share: ﻿
﻿ |  |  |  |  |  |  |
﻿ |  | For the Three Months Ended |
﻿ |  | March 31, |
﻿(In thousands, except per share data) |  | 2017 |  | 2016 |
﻿ |  |  |  |  |  |  |
﻿Net Income |  | $ | 2,800 |  | $ | 2,460 |
﻿Weighted average shares outstanding - Basic |  |  | 12,670 |  |  | 12,635 |
﻿Dilutive effect of common stock equivalents-options |  |  | 21 |  |  | 14 |
﻿Dilutive effect of common stock equivalents-restricted stock units |  |  | 16 |  |  | - |
﻿Weighted average shares outstanding - Diluted |  |  | 12,707 |  |  | 12,649 |
﻿Earnings per common share - Basic |  | $ | 0.22 |  | $ | 0.19 |
﻿Earnings per common share - Diluted |  | $ | 0.22 |  | $ | 0.19 |
There were no weighted average common stock equivalents excluded from the calculation of diluted earnings per share for the three months ended March 31, 2017 and 2016.

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