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

The following table presents the computation of basic and diluted earnings per share for the three months ended March 31, 2017 and 2016 (dollars in thousands, except per share data):

 

     For the three months ended  
     March 31,
2017
     March 31,
2016
 

(Numerator):

     

Net income

   $ 1,543      $ 1,099  

(Denominator):

     

Weighted average shares outstanding – basic

     4,935,421        4,920,315  

Potentially dilutive common shares – restricted stock units

     2,204        2,802  
  

 

 

    

 

 

 

Weighted average shares outstanding – diluted

     4,937,625        4,923,117  
  

 

 

    

 

 

 

Income per common share

     

Basic

   $ 0.31      $ 0.22  

Diluted

   $ 0.31      $ 0.22