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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The following table provides information relating to the calculation of earnings per common share:

 





 

 

 

 

 

 

 

 

 

 

 

 



 

For the Three Months Ended

 

For the Six Months Ended



 

June 30,

 

June 30,

(In thousands, except per share data)

 

2018

 

2017

 

2018

 

2017



 

 

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

4,391 

 

$

2,352 

 

$

8,449 

 

$

5,152 

Weighted average shares outstanding - Basic

 

 

12,744 

 

 

12,681 

 

 

12,730 

 

 

12,676 

Dilutive effect of common stock equivalents-options

 

 

13 

 

 

21 

 

 

13 

 

 

21 

Dilutive effect of common stock equivalents-restricted stock units

 

 

 -

 

 

33 

 

 

 -

 

 

33 

Weighted average shares outstanding - Diluted

 

 

12,757 

 

 

12,735 

 

 

12,743 

 

 

12,730 

Earnings per common share - Basic

 

$

0.34 

 

$

0.19 

 

$

0.66 

 

$

0.41 

Earnings per common share - Diluted

 

$

0.34 

 

$

0.19 

 

$

0.66 

 

$

0.41