Three months ended

Six months ended

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

2019

2018

2019

2018

Net income

$

2,703

$

1,899

$

5,137

$

3,915

Less: Undistributed earnings allocated to participating securities

(32

)

(22

)

(58

)

(42

)

Net income allocated to common stock

$

2,671

$

1,877

$

5,079

$

3,873

Weighted average common shares issued

2,813

2,794

2,810

2,790

Less: Unvested restricted stock awards

(33

)

(32

)

(31

)

(30

)

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

2,780

2,762

2,779

2,760

Add: Dilutive effect of stock options, unvested restricted stock awards and units

20

17

16

20

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

2,800

2,779

2,795

2,780

Earnings per common share (basic)

$

0.96

$

0.68

$

1.83

$

1.40

Earnings per common share (diluted)

$

0.95

$

0.68

$

1.82

$

1.39