Net income

$

10,286

$

8,953

$

27,642

$

26,281

Dividends and undistributed earnings allocated to participating securities

(165

)

(143

)

(450

)

(423

)

Net income available to common shareholders

$

10,121

$

8,810

$

27,192

$

25,858

Denominator (shown as actual):

Basic weighted average common shares outstanding

7,676,102

7,667,981

7,689,277

7,643,086

Dilutive shares

178,287

112,449

188,569

125,662

Diluted weighted average common shares outstanding

7,854,389

7,780,430

7,877,846

7,768,748

Basic earnings per share

$

1.32

$

1.15

$

3.54

$

3.38

Diluted earnings per share

$

1.29

$

1.13

$

3.45

$

3.33

Potentially dilutive weighted average share options that were not included in the computation of diluted earnings per share because to do so would be anti-dilutive.

—

64,256

14,151

55,174