XML 90 R36.htm IDEA: XBRL DOCUMENT v3.19.3
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