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

The following tables set forth the calculation of basic and diluted earnings per common share for the six- and three-month periods ended June 30, 2017 and 2016:





 

 

 

 

 

 

 

 

 

 



Six months ended June 30,



2017

2016



 

Average

Per Share

 

Average

Per Share

(in thousands, except for per share amount)

Income

Shares

Amount

Income

Shares

Amount

Basic and Diluted Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

Net income

$

4,289 

 

 

 

$

3,575 

 

 

 

Preferred stock dividends

 

(765)

 

 

 

 

(1,125)

 

 

 

Net income available to common shareholders

$

3,524  6,796 

$

0.52 

$

2,450  6,259 

$

0.39 









 

 

 

 

 

 

 

 

 

 



Three months ended June 30,



2017

2016



 

Average

Per Share

 

Average

Per Share

(in thousands, except for per share amount)

Income

Shares

Amount

Income

Shares

Amount

Basic and Diluted Earnings Per Share:

 

 

 

 

 

 

 

 

 

 

Net income

$

2,309 

 

 

 

$

1,704 

 

 

 

Preferred stock dividends

 

(225)

 

 

 

 

(450)

 

 

 

Net income available to common shareholders

$

2,084  7,062 

$

0.30 

$

1,254  6,264 

$

0.20