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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings per share:  
Schedule of Earnings Per Share, Basic and Diluted

 

 

   Three months ended   Six months ended 
(Dollars in thousands, except per share amounts)  June 30,   June 30, 
   2020   2019   2020   2019 
Net earnings (1)  $5,100   $2,598   $8,463   $4,781 
                     
Weighted average common shares outstanding - basic (1)   4,496,000    4,590,722    4,537,796    4,590,722 
Assumed exercise of stock options (1)   18,313    15,464    18,262    15,011 
Weighted average common shares outstanding - diluted (1)   4,514,313    4,606,186    4,556,058    4,605,733 
Net earnings per share (1):                    
Basic (1)  $1.13   $0.57   $1.87   $1.04 
Diluted (1)  $1.13   $0.56   $1.86   $1.04 

 

  (1) Share and per share values for the periods ended June 30, 2019 have been adjusted to give effect to the 5% stock dividend paid during December 2019.