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Earnings Per Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share

Note 25: Earnings Per Share

Earnings per share were computed as follows:

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Weighted

    

 

 

 

Net Income

 

Shares

 

Amount

Basic Earnings Per Share

 

 

  

 

  

 

 

  

Net income

 

$

23,751

 

8,575,355

 

$

2.77

Effect of Dilutive Securities

 

 

  

 

 

 

 

  

Stock options

 

 

  

 

106,753

 

 

  

Diluted Earnings Per Share

 

 

  

 

  

 

 

  

Net income available and assumed conversions

 

$

23,751

 

8,682,108

 

$

2.74

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Weighted

    

 

 

 

Net Income

 

Shares

 

Amount

Basic Earnings Per Share

 

 

  

 

  

 

 

  

Net income

 

$

18,864

 

8,394,195

 

$

2.25

Effect of Dilutive Securities

 

 

  

 

 

 

 

  

Stock options

 

 

  

 

149,302

 

 

  

Diluted Earnings Per Share

 

 

  

 

  

 

 

  

Net income available and assumed conversions

 

$

18,864

 

8,543,497

 

$

2.21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2017

 

 

 

 

    

Weighted

    

 

 

 

 

 

 

Average

 

Per-Share

 

 

Net Income

 

Shares

 

Amount

Basic Earnings Per Share

 

 

  

 

  

 

 

  

Net income

 

$

12,315

 

7,360,066

 

$

1.67

Effect of Dilutive Securities

 

 

  

 

 

 

 

  

Stock options

 

 

  

 

141,993

 

 

  

Diluted Earnings Per Share

 

 

  

 

  

 

 

  

Net income available and assumed conversions

 

$

12,315

 

7,502,059

 

$

1.64

 

As of December 31, 2019, 2018 and 2017, the exercise price for all options was lower than the average market price of the common shares.