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EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

Note 21—EARNINGS PER COMMON SHARE

The following reconciles the numerator and denominator of the basic and diluted earnings per common share computation:

    Year ended December 31,  
(Amounts in thousands)   2019     2018     2017  
Numerator (Included in basic and diluted earnings per share)   $ 10,971     $ 11,229     $ 5,815  
Denominator                        
Weighted average common shares outstanding for:                        
Basic earnings per common share     7,510       7,581       6,849  
Dilutive securities:                        
Deferred compensation     58       84       84  
Warrants—Treasury stock method     20       65       70  
Diluted common shares outstanding     7,588       7,730       7,003  
The average market price used in calculating assumed number of shares   $ 19.32     $ 23.26     $ 21.16  
                         

On December 16, 2011 there were 107,500 warrants issued in connection with the issuance of $2.5 million in subordinated debt (See Note 17). As shown above, the warrants were dilutive for the periods ended December 31, 2019, December 31, 2018 and December 31, 2017. As of December 31, 2019 there were no warrants outstanding.