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NOTE 6 - EARNINGS PER SHARE | 3 Months Ended
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Mar. 31, 2019
Notes to Financial Statements |
Earnings Per Share [Text Block] | NOTE 6 - EARNINGS PER SHARE The following information was used in the computation of EPS on a basic and diluted basis:
|  | Three months ended |
|  | March 31, |
|  |  | 2019 |  |  | 2018 |
|  | (dollars in thousands, except share data) |
Net income |  | $ | 12,918 |  | $ | 10,550 |
Basic EPS |  | $ | 0.82 |  | $ | 0.76 |
Diluted EPS |  | $ | 0.81 |  | $ | 0.74 |
Weighted average common shares outstanding |  |  | 15,693,345 |  |  | 13,888,661 |
Weighted average common shares issuable upon exercise of stock options and |  |  |  |  |  |  |
under the employee stock purchase plan |  |  | 229,595 |  |  | 316,923 |
Weighted average common and common equivalent shares outstanding |  |  | 15,922,940 |  |  | 14,205,584 |
The increase in weighted average common shares outstanding when comparing the three months ended March 31, 2019 to March 31, 2018 was primarily due to the common stock issuance as a result of the merger with Springfield Banshares as discussed in Note 2 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2018.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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