Three Months Ended September 30,

Nine Months Ended September 30,

(dollars in thousands, except per share data)

2017

2016

2017

2016

Basic earnings per share:

Net income available to shareholders

$

1,766

$

1,884

$

5,786

$

5,294

Basic earnings per share

$

0.30

$

0.32

$

0.99

$

0.90

Diluted earnings per share:

Net income available to shareholders

$

1,766

$

1,884

$

5,786

$

5,294

Average shares outstanding

5,825,825

5,859,415

5,834,679

5,869,569

Effect of dilutive stock options

5,561

0

5,198

0

Average shares outstanding including dilutive stock options

5,831,386