XML 46 R35.htm IDEA: XBRL DOCUMENT v3.19.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share The factors used in the earnings per share computation follow:

 

 

 

Three Months Ended

 

 

 

March 31,

 

(Dollars in thousands, except share data)

 

2019

 

 

2018

 

Basic

 

 

 

 

 

 

 

 

Net income

 

$

4,740

 

 

$

3,216

 

Undistributed earnings allocated to participating securities

 

 

(127

)

 

 

(106

)

Net income allocated to common shares

 

 

4,613

 

 

 

3,110

 

Weighted average common shares outstanding

 

 

15,817,060

 

 

 

13,292,083

 

Basic earnings per common share

 

$

0.29

 

 

$

0.23

 

Diluted

 

 

 

 

 

 

 

 

Net income allocated to common shares

 

$

4,613

 

 

$

3,110

 

Weighted average common shares outstanding for basic earnings per common share

 

 

15,817,060

 

 

 

13,292,083

 

Add: Dilutive effects of assumed exercises of stock options

 

 

295,665

 

 

 

534,873

 

Average shares and dilutive potential common shares

 

 

16,112,725

 

 

 

13,826,956

 

Diluted earnings per common share

 

$

0.29

 

 

$

0.22