Three months ended

Six months ended

Periods ended June 30, (in thousands, except per share data)

2018

2017

2018

2017

Net income

$

1,899

$

1,882

$

3,915

$

3,487

Less: Undistributed earnings allocated to participating securities

(22

)

(15

)

(42

)

(26

)

Net income allocated to common stock

$

1,877

$

1,867

$

3,873

$

3,461

Weighted average common shares issued

2,794

2,780

2,790

2,773

Less: Unvested restricted stock awards

(32

)

(23

)

(30

)

(20

)

Weighted average common shares outstanding used to calculate basic earnings per common share

2,762

2,757

2,760

2,753

Add: Dilutive effect of unvested restricted stock awards

17

18

20

19

Weighted average common shares outstanding used to calculate diluted earnings per common share

2,779

2,775

2,780

2,772

Earnings per common share (basic)

$

0.68

$

0.68

$

1.40

$

1.26

Earnings per common share (diluted)

$

0.68

$

0.67

$

1.39

$

1.25