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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2019
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

 

 

 

March 31, 

 

(dollars in thousands)

    

2019

    

2018

    

Net Income

 

$

3,877

 

$

1,221

 

 

 

 

 

 

 

 

 

Average number of common shares outstanding

 

 

5,558,137

 

 

5,547,715

 

Dilutive effect of common stock equivalents

 

 

 —

 

 

 —

 

Average number of shares used to calculate diluted EPS

 

 

5,558,137

 

 

5,547,715

 

 

 

 

 

 

 

 

 

Earnings Per Common Share

 

 

  

 

 

  

 

Basic

 

$

0.70

 

$

0.22

 

Diluted

 

 

0.70

 

 

0.22