Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings per Common Share

Schedule of basic and diluted earnings per common share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(dollars in thousands, except per share data)	2019		2018		2019		2018
Numerator:
Net income available to common stockholders	$	3,317		2,727	$	7,345		5,799
Denominator for basic earnings per share - weighted average shares outstanding		6,407		6,402		6,407		6,395
Effect of dilutive common shares		30		28		29		31
Denominator for diluted earnings per share - adjusted weighted average shares outstanding		6,437		6,430		6,436		6,426
Basic earnings per share	$	0.52		0.43	$	1.15		0.91
Diluted earnings per share	$	0.52		0.42	$	1.14		0.90
Antidilutive shares excluded from computation of average dilutive earnings per share		199		116		199		116