(14)	Earnings per Common Share

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

(Dollars in thousands, except per share data)	Three Months Ended September 30,				Nine Months Ended September 30,
	2018			2017	2018				2017
Net income	$	2,164	$	2,249	$	$	5,947	$	6,588
Less: Dividends on Series D preferred stock		38		-			38		-
Net income available to common shareholders	$	2,126	$	2,249		$	5,909	$	6,588

Weighted average common shares outstanding		7,695,469		4,237,965			6,604,027		4,236,604

Basic and diluted earnings per common share	$	0.28	$	0.53	$	$	0.89	$	1.56

Weighted average shares outstanding increased for the three and nine months ended September 30, 2018 when compared to the same periods in 2017 primarily as a result of both (i) the issuance of 1,878,827 shares of Mid Penn common stock on January 8, 2018 in connection with the Scottdale acquisition, and (ii) the issuance of 2,320,800 shares of Mid Penn common stock on July 31, 2018 in connection with the First Priority acquisition. Mid Penn had no dilutive instruments outstanding during the periods ended September 30, 2018 and 2017.