XML 33 R22.htm IDEA: XBRL DOCUMENT v3.5.0.2
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule of Weighted Average Number of Shares
The following is a reconciliation of the weighted-average common shares for the basic and diluted earnings per share computations for the three and six months ended June 30, 2016 and 2015. 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2016
 
2015
 
2016
 
2015
Basic earnings per share
 
 

 
 

 
 
 
 
Net income
 
$
2,834

 
$
2,265

 
$
5,266

 
$
4,328

Weighted-average common shares
 
4,972,759

 
4,529,823

 
4,757,243

 
4,523,336

Basic earnings per common share
 
$
0.57

 
$
0.50

 
$
1.11

 
$
0.96

Diluted earnings per share
 
 

 
 

 
 

 
 

Net income
 
$
2,834

 
$
2,265

 
$
5,266

 
$
4,328

Weighted-average common shares
 
4,972,759

 
4,529,823

 
4,757,243

 
4,523,336

Dilutive effect of warrants
 
9,743

 
7,006

 
10,518

 
3,522

Dilutive effect of equity compensation
 
9,523

 
13,205

 
14,939

 
9,878

     Weighted-average common and incremental shares
 
4,992,025

 
4,550,034

 
4,782,700

 
4,536,736

Diluted earnings per common share
 
$
0.57

 
$
0.50

 
$
1.10

 
$
0.95

Number of warrants excluded from the calculation of diluted earnings per share as the exercise prices were greater than the average market price of the Company’s common stock during the period
 
—

 
—

 
—

 
—