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Earnings Per Common Share (Tables) | 12 Months Ended
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Dec. 31, 2020
Earnings per common share |
Schedule of earnings per share calculation | At December 31, 2020, 2019 and 2018, options totaling 318,825, 94,885, and 195,425, respectively, were anti-dilutive in the calculation of earnings per share as their exercise price exceeded the fair market value. These options were therefore excluded from the diluted earnings per share calculation.
|  | December 31,
(dollars in thousands, except share data) |  | 2020 |  |  | 2019 |  |  | 2018
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income | $ |  | 18,328 |  |  | $ | 27,858 |  |  | $ | 22,289
Net income available to common shareholders | $ |  | 18,328 |  |  | $ | 27,858 |  |  | $ | 22,289
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding - basic |  |  | 7,718,615 |  |  |  | 7,528,283 |  |  |  | 7,384,200
Common stock equivalents |  |  | 105,599 |  |  |  | 244,261 |  |  |  | 353,295
Weighted-average common shares outstanding - diluted |  |  | 7,824,214 |  |  |  | 7,772,544 |  |  |  | 7,737,495
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |
Basic | $ |  | 2.37 |  |  | $ | 3.70 |  |  | $ | 3.02
Diluted | $ |  | 2.34 |  |  | $ | 3.58 |  |  | $ | 2.88

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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