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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share  
Schedule of information used to compute basic and diluted earnings per share

 

 

Three Months Ended

 

Six Months Ended

 

(Dollars in thousands, except per share data)

 

2020

 

2019

 

2020

 

2019

 

Net income

$

4,291

$

5,060

$

8,764

$

11,584

Income allocated to participating securities

(37)

(37)

(48)

(74)

Net income available to common shareholders

$

4,254

$

5,023

$

8,716

$

11,510

Weighted-average number of shares used in:

Basic earnings per share

 

9,092,287

 

9,172,376

 

9,164,877

 

9,170,825

Dilutive common stock equivalents:

Stock options and restricted stock units

 

46,848

 

104,304

 

63,544

 

123,502

Diluted earnings per share

 

9,139,135

 

9,276,680

 

9,228,421

 

9,294,327

Net income per common share, basic

$

0.47

$

0.55

$

0.95

$

1.26

Net income per common share, diluted

$

0.47

$

0.54

$

0.94

$

1.24