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Earnings Per Common Share | 9 Months Ended
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Sep. 30, 2018
Earnings Per Common Share [Abstract] |
Earnings Per Common Share | Note 2 – Earnings Per Common Share ﻿ Basic earnings per common share is derived by dividing net income available to common shareholders by the weighted-average number of common shares outstanding during the period and does not include the effect of any potentially dilutive common stock equivalents. Diluted earnings per share is derived by dividing net income available to common shareholders by the weighted-average number of shares outstanding, adjusted for the dilutive effect of outstanding common stock equivalents. No common stock equivalents were outstanding at September 30, 2018 or September 30, 2017. ﻿ The following tables set forth the calculation of basic and diluted earnings per common share for the nine- and three-month periods ended September 30, 2018 and 2017: ﻿
﻿ |  |  |  |  |  |  |  |  |  |
﻿ | Nine months ended September 30,
﻿ | 2018 | 2017
﻿ |  | Average | Per Share |  | Average | Per Share
﻿(in thousands, except for per share amount) | Income | Shares | Amount | Income | Shares | Amount
﻿Basic and Diluted Earnings Per Share: |  |  |  |  |  |  |  |  |  |
﻿Net income | $ | 8,285 |  |  |  | $ | 6,301 |  |  |
﻿Preferred stock dividends |  | 0 |  |  |  |  | (990) |  |  |
﻿Net income available to common shareholders | $ | 8,285 | 7,076 | $ | 1.17 | $ | 5,311 | 6,887 | $ | 0.77
﻿
﻿ |  |  |  |  |  |  |  |  |  |
﻿ | Three months ended September 30,
﻿ | 2018 | 2017
﻿ |  | Average | Per Share |  | Average | Per Share
﻿(in thousands, except for per share amount) | Income | Shares | Amount | Income | Shares | Amount
﻿Basic and Diluted Earnings Per Share: |  |  |  |  |  |  |  |  |  |
﻿Net income | $ | 2,763 |  |  |  | $ | 2,012 |  |  |
﻿Preferred stock dividends |  | 0 |  |  |  |  | (225) |  |  |
﻿Net income available to common shareholders | $ | 2,763 | 7,084 | $ | 0.39 | $ | 1,787 | 7,067 | $ | 0.25
﻿

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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