Earnings Per Common Share ("EPS)

3 Months Ended

Mar. 31, 2017

Earnings Per Common Share ("EPS) [Abstract]

(3.) EARNINGS PER COMMON SHARE ("EPS")

The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted EPS (in thousands, except per share amounts).


	Three months ended
	March 31,
		2017			2016
Net income available to common shareholders	$	7,578		$	7,253

Weighted average common shares outstanding:
Total shares issued		14,692			14,679
Unvested restricted stock awards		(56	)		(79	)
Treasury shares		(157	)		(205	)
Total basic weighted average common shares outstanding		14,479			14,395

Incremental shares from assumed:
Exercise of stock options		15			27
Vesting of restricted stock awards		34			43
Total diluted weighted average common shares outstanding		14,528			14,465

Basic earnings per common share	$	0.52		$	0.50
Diluted earnings per common share	$	0.52		$	0.50

For each of the periods presented, average shares subject to the following instruments were excluded from the computation of diluted EPS because the effect would be antidilutive:


Stock options	-	-
Restricted stock awards	5	-
Total	5	-