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Earnings Per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings per common share  
Schedule of Earnings Per Share Calculation

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, 2020 and 2019. Dilutive common shares arise from the potentially dilutive effect of the Company’s stock options that were outstanding at March 31, 2020. The assumed conversion of stock options can create a difference between basic and dilutive net income per common share. At March 31, 2020 and 2019, there were 288,053 and 271,034 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) 2020       2019
Numerator:
Net income available to common shareholders    $ 2,832 6,009
Denominator:
Weighted-average common shares outstanding – basic 7,678,598 7,459,342
Common stock equivalents 148,575 282,518
Weighted-average common shares outstanding – diluted 7,827,173 7,741,860
Earnings per common share:
Basic $ 0.37 0.81
Diluted $ 0.36 0.78