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EARNINGS PER SHARE CALCULATION (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of earnings per share, basic and diluted
Earnings per share have been computed based on the following:
 
 
 
Three months ended
 
 
Six months ended
 
 
 
June 30,
 
 
June 30,
 
 
 
2018
 
 
2017
 
 
2018
 
 
2017
 
Net income
 
$
4,288
 
 
$
1,502
 
 
$
8,357
 
 
$
2,918
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted Average number of shares outstanding
 
 
9,467,431
 
 
 
6,421,078
 
 
 
8,495,230
 
 
 
5,949,373
 
Diluted effect of restrictive stock grants
 
 
-
 
 
 
-
 
 
 
-
 
 
 
-
 
Average number of shares outstanding used to calculate diluted earngs per share
 
 
9,467,431
 
 
 
6,421,078
 
 
 
8,495,230
 
 
 
5,949,373
 
Basic and diluted earnings per share
 
$
0.45
 
 
$
0.23
 
 
$
0.99
 
 
$
0.49