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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The calculations of earnings per common share and diluted earnings per common share for the three months ended March 31, 2020 and 2019 are presented in the following table.

 
Three Months Ended March 31,
(in thousands, except per share data)
2020
 
2019
Net income
$
8,089

 
$
6,899

 
 
 
 
Weighted average common shares outstanding
16,386

 
16,300

Weighted average effect of restricted stock units outstanding
131

 
80

Diluted weighted average common shares outstanding
16,517

 
16,380

 
 

 
 

Basic earnings per common share
$
0.49

 
$
0.42

Diluted earnings per common share
$
0.49

 
$
0.42

Number of anti-dilutive common stock equivalents excluded from diluted earnings per share computation
157

 
225