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Earnings Per Share
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share EARNINGS PER SHARE

The computations of basic and diluted earnings per share follow:
 
 
For the Three Months Ended March 31,
 
 
2020
 
2019
Dollars in thousands,except per share amounts
 
Net Income
(Numerator)
 
Common
Shares
(Denominator)
 
Per
Share
 
Net Income
(Numerator)
 
Common
Shares
(Denominator)
 
Per
Share
Net income
 
$
4,506

 
 
 
 
 
$
7,092

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share
 
$
4,506

 
12,975,429

 
$
0.35

 
$
7,092

 
12,717,501

 
$
0.56

 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 

 
 
 
 
 
 

Stock options
 
 
 
4,516

 
 

 
 
 
5,313

 
 

Stock appreciation rights (SARs)
 
 
 
48,404

 
 
 
 
 
55,831

 
 
Restricted stock units (RSUs)
 
 
 
366

 
 
 
 
 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted earnings per share
 
$
4,506

 
13,028,715

 
$
0.35

 
$
7,092

 
12,778,644

 
$
0.56


Stock option and stock appreciation right (SAR) grants are disregarded in this computation if they are determined to be anti-dilutive.  All stock options were dilutive for the quarter ended March 31, 2020 and our anti-dilutive stock options for the quarter ended March 31, 2019 were 7,700 shares. Our anti-dilutive SARs for the quarters ended March 31, 2020 and March 31, 2019 were 222,740. Our anti-dilutive RSUs for the quarter ended March 31, 2020 were 2,785.