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Calculation of Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2019
Calculation of Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

 

 

 

 

(Dollars in thousands, except earnings per share)

 

Year ended  December 31, 

 

    

2019

    

2018

Net income

 

$

5,835

 

$

5,904

Weighted-average common shares outstanding

 

 

5,102

 

 

4,987

Basic earnings per share

 

$

1.14

 

$

1.18

Weighted-average common shares outstanding

 

 

5,102

 

 

4,987

Common stock equivalents due to effect of stock options

 

 

19

 

 

22

Total weighted-average common shares and equivalents

 

$

5,121

 

$

5,009

Diluted earnings per share

 

$

1.14

 

$

1.18