Quarterly report pursuant to Section 13 or 15(d)

Earnings per Share (Tables)

v3.19.2
Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share  
Schedule of earnings per share, basic and diluted

A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the three and six months ended June 30, 2019 and 2018 are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

(Dollars in thousands, except per share data)

 

June 30, 

 

June 30, 

 

    

2019

    

2018

    

2019

    

2018

Basic earnings per common share:

 

 

  

 

 

  

 

 

  

 

 

  

Net income as reported

 

$

4,023

 

$

2,511

 

$

6,245

 

$

5,072

Weighted average common shares outstanding

 

 

3,451,961

 

 

2,868,250

 

 

3,397,872

 

 

2,867,834

Basic earnings per common share

 

$

1.17

 

$

0.88

 

$

1.84

 

$

1.77

Diluted earnings per common share:

 

 

  

 

 

  

 

 

  

 

 

  

Net income as reported

 

$

4,023

 

$

2,511

 

$

6,245

 

$

5,072

Weighted average common shares outstanding

 

 

3,451,961

 

 

2,868,250

 

 

3,397,872

 

 

2,867,834

Weighted average common and dilutive potential common shares outstanding

 

 

3,451,961

 

 

2,868,250

 

 

3,397,872

 

 

2,867,834

Diluted earnings per common share

 

$

1.17

 

$

0.88

 

$

1.84

 

$

1.77