Earnings per share

3 Months Ended

Mar. 31, 2019

The following is a summary of the basic and diluted earnings per share for the three months ended March 31, 2019 and 2018.



	Three Months Ended March 31,
	2019		2018
Net income available to common shareholders	$	4,731,249	$	3,414,771
Weighted average common shares outstanding	13,942,016		11,210,836
Effect of dilutive stock options	76,147		108,858
Diluted shares	14,018,163		11,319,694
Basic earnings per common share	$	0.34	$	0.30
Diluted earnings per common share	$	0.34	$	0.30

There were no antidilutive shares for the three month periods ending March 31, 2019 and 2018.