XML 27 R16.htm IDEA: XBRL DOCUMENT v3.19.1

Earnings Per Common Share

3 Months Ended

Mar. 31, 2019

Earnings Per Common Share [Abstract]

Earnings Per Common Share

NOTE 9 – Earnings Per Common Share

The following schedule reconciles the numerators and denominators of the basic and diluted earnings per share computations for the three-month periods ended March 31, 2019 and 2018. Dilutive common shares arise from the potentially dilutive effect of the Company’s stock options that were outstanding at March 31, 2019. The assumed conversion of stock options can create a difference between basic and dilutive net income per common share. At March 31, 2019 and 2018, there were 271,034 and 166,172 options, respectively, that were not considered in computing diluted earnings per common share because they were anti-dilutive.

		Three months ended
		March 31,
(dollars in thousands, except share data)		2019			2018
Numerator:
Net income available to common shareholders		$	6,009		5,214
Denominator:
Weighted-average common shares outstanding – basic			7,459,342		7,336,839
Common stock equivalents			282,518		390,046
Weighted-average common shares outstanding – diluted			7,741,860		7,726,885
Earnings per common share:
Basic		$	0.81		0.71
Diluted		$	0.78		0.67

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_EarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration