EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 9. EARNINGS PER SHARE

Basic earnings per common share is net income divided by the weighted average number of common shares outstanding during the period, including shares held in treasury on behalf of participants in the Company’s Directors Fee Deferral Plan. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock options, stock awards and warrants, none of which were antidilutive.

	Three Months Ended March 31,
	2019	2018
Weighted average shares outstanding for basic earnings per common share	25,491,093	25,257,414
Dilutive effect of stock options, awards and warrants	174,194	439,450
Weighted average shares outstanding for diluted earnings per common share	25,665,287	25,696,864
Basic earnings per common share	$0.85	$0.73
Diluted earnings per common share	$0.84	$0.71