Earnings Per Share

The following is a reconciliation of net income and shares outstanding to the income and number of share used to compute earnings per share for the periods indicated:



	Year Ended December 31,
($ in thousands, except per share)	2018		2017		2016
Basic earnings per share:
Net income	$	24,301	$	16,403	$	14,002
Weighted-average common shares outstanding	14,397,075		13,408,030		12,532,807
Basic earnings per share	$	1.69	$	1.22	$	1.12
Diluted earnings per share:
Net income	$	24,301	$	16,403	$	14,002
Weighted-average commons shares outstanding	14,397,075		13,408,030		12,532,807
Diluted effect of stock options	294,295		132,263		75,183
Diluted weighted-average common shares outstanding	14,691,370		13,540,293		12,607,990
Diluted earnings per share	$	1.65	$	1.21	$	1.11

There were 5,000 stock options excluded in computing diluted earnings per share because they were anti-dilutive for the year ended December 31, 2018. There were no stock options excluded in computing diluted earnings per share because they were anti-dilutive for years ended December 31, 2017, and 2016.