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Earnings per Common Share
 9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings per Common Share

(10)

Earnings per Common Share

Earnings per share are computed by dividing net income by the weighted average number of common shares outstanding during each of the years presented.  The following data show the amounts used in computing basic earnings per common share.

The computations of basic earnings per common share follow:

 

(Dollars in thousands, except per share data)

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2017

 

 

 

2016

 

 

2017

 

 

 

2016

 

Net income

$

2,249

 

 

$

1,901

 

 

$

$

6,588

 

 

$

5,728

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

4,237,965

 

 

 

4,230,181

 

 

 

 

4,236,604

 

 

 

4,228,308

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per common share

$

0.53

 

 

$

0.45

 

 

$

$

1.56

 

 

$

1.35

 

 

Mid Penn had no dilutive instruments outstanding during the periods ended September 30, 2017 and 2016.