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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
The following table shows the computation of basic and diluted earnings per share:
 
  
For the three months ended
June 30,
  
For the six months ended
June 30,
 
  
2019
  
2018
  
2019
  
2018
 
(Dollars in thousands, except per share amounts)
            
Numerator
            
Net income
 
$
5,126
  
$
6,379
  
$
10,242
  
$
12,728
 
                 
Denominator
                
Denominator for basic earnings per common share
  
10,187,500
   
7,287,500
   
10,187,500
   
7,287,500
 
Dilutive effect of stock compensation (1)
  
5,149
   
-
   
-
   
-
 
Denominator for diluted earnings per share
  
10,192,649
   
7,287,500
   
10,187,500
   
7,287,500
 
                 
Earnings per common share
                
Basic
 
$
0.50
  
$
0.88
  
$
1.00
  
$
1.75
 
Diluted
 
$
0.50
  
$
0.88
  
$
1.00
  
$
1.75
 

(1) Nonqualified stock options outstanding of 163,000 and restricted stock units of 130,000 as of June 30, 2019 have not been included in diluted earnings per share for the six months ended June 30, 2019, and restricted stock units of 130,000 have not been included in diluted earnings per share for the three months ended June 30, 2019 because to do so would have been antidilutive for those periods.