XML 29 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Summary of earnings per share
    Three Months Ended 
June 30,
 
($ and outstanding shares in thousands - except per share data)   2018     2017  
             
Distributed earnings allocated to common shares   $ 522     $ 344  
Undistributed earnings allocated to common shares     2,337       1,727  
                 
Net earnings allocated to common shares     2,859       2,071  
Net earnings allocated to participating securities     4       2  
Dividends on convertible preferred shares     244       244  
                 
Net Income allocated to common shares and participating securities   $ 3,107     $ 2,317  
                 
Weighted average shares outstanding for basic earnings per share     6,489       4,827  
Dilutive effect of stock compensation     61       65  
Dilutive effect of convertible shares     1,453       1,459  
                 
Weighted average shares outstanding for diluted earnings per share     8,003       6,351  
                 
Basic earnings per common share   $ 0.45     $ 0.43  
                 
Diluted earnings per common share   $ 0.40     $ 0.37  

 

    Six Months Ended
June 30,
 
($ and outstanding shares in thousands - except per share data)   2018     2017  
             
Distributed earnings allocated to common shares   $ 1,008     $ 663  
Undistributed earnings allocated to common shares     4,057       3,153  
                 
Net earnings allocated to common shares     5,065       3,816  
Net earnings allocated to participating securities     7       6  
Dividends on convertible preferred shares     488       488  
                 
Net Income allocated to common shares and participating securities   $ 5,560     $ 4,310  
                 
Weighted average shares outstanding for basic earnings per share     5,935       4,839  
Dilutive effect of stock compensation     66       69  
Dilutive effect of convertible shares     1,453       1,458  
                 
Weighted average shares outstanding for diluted earnings per share     7,454       6,366  
                 
Basic earnings per common share   $ 0.85     $ 0.79  
                 
Diluted earnings per common share   $ 0.75     $ 0.68