Earnings per Common Share (Tables)

12 Months Ended

Dec. 31, 2019

Earnings per Common Share

Schedule of earnings per share

	For the Years Ended December 31,
	2019		2018		2017
Basic
Net income	$	14,143	$	8,734	$	3,644
Less: Earnings allocated to preferred stock		—		—		23
Net income allocated to common shareholders	$	14,143	$	8,734	$	3,621
Weighted average common shares outstanding		7,388,702		7,374,013		6,163,549
Basic earnings per share	$	1.91	$	1.18	$	0.59
Diluted
Net income	$	14,143	$	8,734	$	3,621
Weighted average shares outstanding for basic earnings per share		7,388,702		7,374,013		6,163,549
Add: Dilutive effects of share based awards		396,034		359,359		68,695
Average shares and dilutive potential common shares		7,784,736		7,733,372		6,232,244
Diluted earnings per share	$	1.82	$	1.13	$	0.58