Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share

v3.19.1
Earnings per Share
 3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings per Common Share [Text Block]
Note 9 - Earnings per Share
 
Earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding. A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the three months ended March 31, 2019 and 2018 are as follows:
 
 
 
Three Months Ended
 
 
 
March 31,
 
(Dollars in thousands, except per share data)
 
2019
 
 
2018
 
Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income available to common stockholders
 
$
2,222
 
 
$
2,561
 
Weighted average common shares outstanding
 
 
3,343,183
 
 
 
2,867,413
 
     Basic earnings per common share
 
$
0.66
 
 
$
0.89
 
Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income available to common stockholders
 
$
2,222
 
 
$
2,561
 
Weighted average common shares outstanding
 
 
3,343,183
 
 
 
2,867,413
 
Weighted average common and dilutive
 
 
 
 
 
 
 
 
     potential common shares outstanding
 
 
3,343,183
 
 
 
2,867,413
 
     Diluted earnings per common share
 
$
0.66
 
 
$
0.89