NOTE 6 – EARNINGS PER SHARE

A reconciliation of the numerators and denominators of the earnings per common share and earnings per common share assuming dilution computations for the three and nine months ended September 30, 2018 and 2017 is presented below:

	Three Months Ended Sept 30,				Nine Months Ended Sept 30,
	2018		2017		2018		2017
Basic earnings per share
Income available to common stockholders	$	5,021	$	3,467	$	14,529	$	11,050
Weighted average common shares outstanding		13,368,782		13,326,446		13,356,998		13,316,993.
Earnings per share	$	0.38	$	0.26	$	1.09	$	0.83

Diluted earnings per share
Income available to common stockholders	$	5,021	$	3,467	$	14,529	$	11,050
Weighted average common shares outstanding		13,368,782		13,326,446		13,356,998		13,316,993
Add dilutive effects of potential additional common stock		123,624		97,243		102,578		100,522
Weighted average common and dilutive potential common shares outstanding		13,492,406		13,423,689		13,459,576		13,417,515
Earnings per share assuming dilution	$	0.37	$	0.26	$	1.08	$	0.82

There were no stock options considered antidilutive for the nine months ended September 30, 2018 and 2017 and there were no stock options considered antidilutive for the three or nine months ended September 30, 2018 and 2017.

On June 8, 2018, Premier issued a 5 for 4 stock split to shareholders of record on June 4, 2018. Each shareholder received 1 additional share of common stock for every 4 shares of common stock already owned on the record date. Outstanding shares and per share amounts prior to the payment date have been restated to reflect the additional shares issued as a result of the stock split to aid in the comparison to current period results.