Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share

Schedule of calculations of basic and diluted earnings per common share

	Three Months Ended June 30,				Six Months Ended June 30,
(dollars in thousands, except per share data)	2020		2019		2020		2019
Basic earnings per share:
Net income available to shareholders	$	3,282	$	3,520	$	4,150	$	8,186
Average shares outstanding		6,485,648		6,525,684		6,497,919		6,525,684
Basic earnings per share	$	0.51	$	0.54	$	0.64	$	1.25
Diluted earnings per share:
Net income available to shareholders	$	3,282	$	3,520	$	4,150	$	8,186
Average shares outstanding		6,485,648		6,525,684		6,497,919		6,525,684
Effect of dilutive stock options		—		—		—		—
Average shares outstanding including dilutive stock options		6,485,648		6,525,684		6,497,919		6,525,684
Diluted earnings per share	$	0.51		0.54	$	0.64		1.25