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Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings per Common Share  
Schedule of basic and diluted earnings per common share

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31, 

(dollars in thousands, except per share data)

    

2020

    

2019

Numerator:

 

 

 

 

 

 

Net income available to common stockholders

 

$

2,516

 

 

2,006

Denominator for basic earnings per share - weighted average shares outstanding

 

 

6,383

 

 

6,407

Effect of dilutive common shares

 

 

37

 

 

29

Denominator for diluted earnings per share - adjusted weighted average shares outstanding

 

 

6,420

 

 

6,436

Basic earnings per share

 

$

0.39

 

 

0.31

Diluted earnings per share

 

$

0.39

 

 

0.31

Antidilutive shares excluded from computation of average dilutive earnings per share

 

 

202

 

 

126