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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 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:
(dollars in thousands, except per share amounts)
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
2019
 
2018
 
2019
 
2018
Net Income
 
$
3,693

 
$
3,858

 
$
11,197

 
$
7,414

 
 
 
 
 
 
 
 
 
Average number of common shares outstanding
 
5,560,878

 
5,551,184

 
5,559,622

 
5,550,020

Dilutive effect of common stock equivalents
 

 

 

 

Average number of shares used to calculate diluted EPS
 
5,560,878

 
5,551,184

 
5,559,622

 
5,550,020

 
 
 
 
 
 
 
 
 
Earnings Per Common Share
 
 
 
 
 
 
 
 
Basic
 
$
0.66

 
$
0.70

 
$
2.01

 
$
1.34

Diluted
 
$
0.66

 
$
0.70

 
$
2.01

 
$
1.34