XML 33 R24.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

Basic and diluted earnings per share have been computed based on weighted-average common and common equivalent shares outstanding as follows:









 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

September 30,

 

September 30,

(dollars in thousands)

 

2018

 

2017

 

2018

 

2017

 

Net Income

 

$               3,858 

 

$              2,782 

 

$             7,414 

 

$             7,667 

 



 

 

 

 

 

 

 

 

 

Average number of common shares outstanding

 

5,551,184 

 

4,633,391 

 

5,550,020 

 

4,631,571 

 

Dilutive effect of common stock equivalents

 

 -

 

26 

 

 -

 

1,929 

 

Average number of shares used to calculate diluted EPS

 

5,551,184 

 

4,633,417 

 

5,550,020 

 

4,633,500 

 



 

 

 

 

 

 

 

 

 

Earnings Per Common Share

 

 

 

 

 

 

 

 

 

Basic

 

$                 0.70 

 

$                0.60 

 

$               1.34 

 

$               1.66 

 

Diluted

 

0.70 

 

0.60 

 

1.34 

 

1.65