Earnings Per Share

3 Months Ended

Mar. 31, 2019

Note 3: Earnings Per Share

Earnings per share were computed as follows:


	Three Months Ended March 31,
	2019					2018
			Weighted-Average	Per-Share				Weighted-Average	Per-Share
	Net Income		Shares	Amount		Net Income		Shares	Amount
Basic Earnings Per Share
Net income	$	5,238	8,621,406	$	0.61	$	4,007	7,810,916	$	0.51
Effect of Dilutive Securities
Stock options			124,415					154,977
Diluted Earnings Per Share
Net income available and assumed conversions	$	5,238	8,745,821	$	0.60	$	4,007	7,965,893	$	0.50

As of March 31, 2019 and 2018, the exercise price for all options was lower than the average market price of the common shares.