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Earnings Per Share | 12 Months Ended
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Dec. 31, 2017
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table provides detail for basic earnings per share (EPS) and diluted (EPS) for the years ended December 31, 2017, 2016 and 2015:
| Income (Numerator) |  | Shares (Denominator) |  | Per-Share Amount
For the year ended December 31, 2017 |  |  |  |  |
Net income as reported | $ | 19,588,000 |  |  |  |  |
Basic EPS: Income available to common shareholders | 19,588,000 |  |  | 10,747,306 |  |  | $ | 1.82 |
Effect of dilutive securities: restricted stock |  |  | 71,712 |  |  |
Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 19,588,000 |  |  | 10,819,018 |  |  | $ | 1.81 |
For the year ended December 31, 2016 |  |  |  |  |
Net income as reported | $ | 18,009,000 |  |  |  |  |
Basic EPS: Income available to common shareholders | 18,009,000 |  |  | 10,713,290 |  |  | $ | 1.68 |
Effect of dilutive securities: restricted stock and warrants |  |  | 116,512 |  |  |
Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 18,009,000 |  |  | 10,829,802 |  |  | $ | 1.66 |
For the year ended December 31, 2015 |  |  |  |  |
Net income as reported | $ | 16,206,000 |  |  |  |  |
Basic EPS: Income available to common shareholders | 16,206,000 |  |  | 10,674,755 |  |  | $ | 1.52 |
Effect of dilutive securities: restricted stock and warrants |  |  | 90,114 |  |  |
Diluted EPS: Income available to common shareholders plus assumed conversions | $ | 16,206,000 |  |  | 10,764,869 |  |  | $ | 1.51 |
All EPS calculations have been made using the weighted average number of shares outstanding during the period. The dilutive securities are restricted stock granted to certain key members of Management and warrants granted to the U.S. Treasury under the Capital Purchase Program. The dilutive number of shares has been calculated using the treasury method, assuming that all granted stock and warrants were vested and exercised at the end of each period. The following table presents the number of options and warrants outstanding as of December 31, 2015 and the amount for which the average price at year end is above or below the strike price:
| Outstanding | In-the-Money | Out-of-the-Money
As of December 31, 2015 |  |  |
Warrants issued to private parties | 226,819 |  | 226,819 |  | — |
Total dilutive securities | 226,819 |  | 226,819 |  | — |

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- 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 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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