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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per share is shown in the following table:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

5,710

 

 

$

5,020

 

 

$

11,493

 

 

$

9,818

 

Weighted average shares outstanding

 

27,337,403

 

 

 

27,086,422

 

 

 

27,309,237

 

 

 

27,056,056

 

Basic earnings per share

$

0.21

 

 

$

0.19

 

 

$

0.42

 

 

$

0.36

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (In thousands)

$

5,710

 

 

$

5,020

 

 

$

11,493

 

 

$

9,818

 

Weighted average shares outstanding for basic earnings per share

 

27,337,403

 

 

 

27,086,422

 

 

 

27,309,237

 

 

 

27,056,056

 

Dilutive effect of restricted stock awards

 

57,273

 

 

 

18,110

 

 

 

61,440

 

 

 

14,258

 

Weighted average shares for diluted earnings per share

 

27,394,676

 

 

 

27,104,532

 

 

 

27,370,677

 

 

 

27,070,314

 

Diluted earnings per share

$

0.21

 

 

$

0.19

 

 

$

0.42

 

 

$

0.36