XML 18 R24.htm IDEA: XBRL DOCUMENT v3.20.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings per share (1):  
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  
(Dollars in thousands, except per share amounts)   March 31,  
    2020     2019  
Net earnings   $ 3,363     $ 2,183  
                 
Weighted average common shares outstanding - basic (1)     4,579,592       4,590,722  
Assumed exercise of stock options (1)     18,211       14,886  
Weighted average common shares outstanding - diluted (1)     4,597,803       4,605,608  
Earnings per share (1):                
Basic   $ 0.73     $ 0.47  
Diluted   $ 0.73     $ 0.47  

 

  (1) Share and per share values for the period ended March 31, 2019 have been adjusted to give effect to the 5% stock dividend paid during December 2019.