XML 34 R23.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings per share:  
Schedule of Earnings Per Share, Basic and Diluted

The shares used in the calculation of basic and diluted earnings per share are shown below:

 

    Three months ended     Six months ended  
(Dollars in thousands, except per share amounts)   June 30,     June 30,  
    2018     2017     2018     2017  
Net earnings(1)   $ 2,845     $ 2,383     $ 4,944     $ 4,588  
                                 
Weighted average common shares outstanding - basic (1)     4,141,894       4,064,092       4,124,947       4,063,692  
Assumed exercise of stock options (1)     18,693       84,092       18,544       83,040  
Weighted average common shares outstanding - diluted (1)     4,160,587       4,148,184       4,143,491       4,146,732  
Net earnings per share (1):                                
Basic   $ 0.69     $ 0.59     $ 1.20     $ 1.13  
Diluted   $ 0.68     $ 0.58     $ 1.19     $ 1.11  

 

(1) Share and per share values for the periods ended June 30, 2017 have been adjusted to give effect to the 5% stock dividend paid during December 2017.