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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2020
EARNINGS PER SHARE  
Schedule of Calculation of Basic and Diluted earnings per share

The calculation of basic and diluted earnings per share for the three months ended March 31, 2020 and 2019 are as follows (in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended March 31, 

 

    

2020

    

2019

Basic earnings per share

 

 

  

 

 

  

Net income available to common stockholders

 

$

2,937

 

$

2,350

Basic weighted-average shares outstanding

 

 

32,913

 

 

32,233

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.09

 

$

0.07

 

 

 

 

 

 

 

Diluted earnings per share

 

 

 

 

 

 

Net income available to common stockholders

 

$

2,937

 

$

2,350

Weighted-average shares outstanding

 

 

32,913

 

 

32,233

Effect of dilutive securities - options and restricted stock

 

 

1,291

 

 

1,488

Diluted weighted-average shares outstanding

 

 

34,204

 

 

33,721

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.09

 

$

0.07