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Dividends and Basic Earnings Per Common Share (Tables)
 3 Months Ended
Mar. 31, 2019
Dividends and Basic Earnings Per Common Share [Abstract]  
Calculation of Basic Earnings per Share
The following table calculates the basic earnings per common share for the three months ended March 31, 2019 and 2018.

(net income in thousands)
 
2019
  
2018
 
Net Income
 
$
13,549
  
$
9,941
 
Weighted Average Number of Common Shares Outstanding
  
784,438
   
812,304
 
Basic Earnings Per Common Share Amount
 
$
17.27
  
$
12.24