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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Computation of Basic Earnings Per Common Share

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

 

 

Years ended December 31,

 

 

2017

 

 

2016

 

 

2015

 

Net income (amounts in thousands)

$

4,350

 

 

$

4,871

 

 

$

4,378

 

Weighted average common shares outstanding

 

4,407,254

 

 

 

4,406,005

 

 

 

4,497,825

 

Net effect of dilutive common share equivalents

 

4,220

 

 

 

1,264

 

 

 

—

 

Adjusted average shares outstanding - dilutive

 

4,411,474

 

 

 

4,407,269

 

 

 

4,497,825

 

Basic earnings per share

$

0.99

 

 

$

1.11

 

 

$

0.97

 

Dilutive earnings per share

$

0.99

 

 

$

1.11

 

 

$

0.97