XML 27 R16.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Earnings Per Share | 3 Months Ended
--- | ---
Mar. 31, 2017
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share Basic earnings per share (EPS), which excludes dilution, is computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock, such as stock options, stock appreciation rights settled in stock or restricted stock awards, result in the issuance of common stock which shares in the earnings of the Company. A reconciliation of the numerators and denominators of the basic and diluted EPS computations is as follows:
Basic Earnings Per Share |  | For the Quarter Ended Ended March 31,
(In thousands, except share and per share amounts) |  | 2017 |  | 2016
Net Income |  | $ | 4,250 |  |  | $ | 3,403 |
Less: Preferred stock dividends and accretion |  | — |  |  | — |
Net income available to common shareholders |  | $ | 4,250 |  |  | $ | 3,403 |
Weighted average shares outstanding |  | 12,167,810 |  |  | 10,953,845 |
Basic earnings per share |  | $ | 0.35 |  |  | $ | 0.31 |
Diluted Earnings Per Share |  | For the Quarter Ended Ended March 31,
(In thousands, except share and per share amounts) |  | 2017 |  | 2016
Net income available to common shareholders |  | $ | 4,250 |  |  | $ | 3,403 |
Weighted average shares outstanding |  | 12,167,810 |  |  | 10,953,845 |
Effect of dilutive stock options |  | 149,769 |  |  | 86,945 |
Weighted average shares of common stock and common stock equivalents |  | 12,317,579 |  |  | 11,040,790 |
Diluted earnings per share |  | $ | 0.35 |  |  | $ | 0.31 |
No outstanding options and restricted stock awards were anti-dilutive at March 31, 2017. Outstanding options and restricted stock of 8,850 were not factored into the calculation of dilutive stock options at March 31, 2016, because they were anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration