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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
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