EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2020

EARNINGS PER SHARE

Schedule showing the computation of basic and diluted earnings per share

The following shows the computation of basic and diluted earnings per share for the three months ended March 31, 2020 and 2019 (dollars in thousands, except per share data):

	Three Months Ended March 31,
	2020		2019
(Numerator):
Net income	$	3,051	$	3,167
(Denominator):
Weighted average shares outstanding		10,717,967		10,720,127
Effect of restricted stock awards		96,824		3,794
Diluted weighted average shares outstanding		10,814,791		10,723,921
Income per common share:
Basic	$	0.28	$	0.30
Diluted	$	0.28	$	0.30