Three months ended June 30,

Six months ended June 30,

2018

2017

2018

2017

Basic

Net income per consolidated statements of operations

$

5,865

$

2,651

$

12,156

$

5,201

Less: Earnings allocated to participating securities

(49

)

(51

)

(102

)

(100

)

Net income available to common stockholders

$

5,816

$

2,600

$

12,054

$

5,101

Weighted average common shares outstanding including participating securities

8,198,257

4,629,004

8,195,542

4,629,004

Less: Weighted average participating securities

(68,770

)

(89,079

)

(68,770

)

(89,079

)

Weighted average common shares outstanding

8,129,487

4,539,925

8,126,772

4,539,925

Basic earnings per common share

$

0.72

$

0.57

$

1.48

$

1.12

Diluted

Net income allocated to common stockholders

$

5,816

$

2,600

$

12,054

$

5,101

Weighted average common shares outstanding for basic earnings per common share

8,129,487

4,539,925

8,126,772

4,539,925

Add: Dilutive effects of assumed exercise of stock options

160,561

33,000

156,834

33,000

Average shares and dilutive potential common shares

8,290,048

4,572,925

8,283,606

4,572,925

Dilutive earnings per common share

$

0.70

$

0.57

$

1.46

$

1.12