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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share  
Schedule of information used to compute basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31,

 

(Dollars in thousands, except per share data)

 

2019

    

2018

 

Net income

 

$

21,995

 

$

19,212

 

Income allocated to participating securities

 

 

(149)

 

 

(90)

 

Net income available to common shareholders

 

$

21,846

 

$

19,122

 

 

 

 

 

 

 

 

 

Weighted-average number of shares used in:

 

 

 

 

 

 

 

Basic earnings per share

 

 

9,196,674

 

 

9,219,123

 

Dilutive common stock equivalents:

 

 

 

 

 

 

 

Stock options and restricted stock units

 

 

128,940

 

 

181,272

 

Diluted earnings per share

 

 

9,325,614

 

 

9,400,395

 

 

 

 

 

 

 

 

 

Net income per common share, basic

 

$

2.38

 

$

2.07

 

Net income per common share, diluted

 

$

2.34

 

$

2.03