XML 18 R23.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
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     Nine months ended  
(Dollars in thousands, except per share amounts)   September 30,     September 30,  
    2019     2018     2019     2018  
Net earnings (1)   $ 2,613     $ 3,020     $ 7,394     $ 7,964  
                                 
Weighted average common shares outstanding - basic (1)     4,374,344       4,365,917       4,372,867       4,342,896  
Assumed exercise of stock options (1)     14,924       17,846       14,503       17,140  
Weighted average common shares outstanding - diluted (1)     4,389,268       4,383,763       4,387,370       4,360,036  
Net earnings per share (1):                                
Basic   $ 0.60     $ 0.69     $ 1.69     $ 1.83  
Diluted   $ 0.60     $ 0.69     $ 1.69     $ 1.83  

 

(1) Share and per share values for the periods ended September 30, 2018 have been adjusted to give effect to the 5% stock dividend paid during December 2018.