Three months ended June 30,

Six months ended June 30,

2020

2019

2020

2019

Basic

Net income per consolidated statements of income

$

10,811

$

6,057

$

16,908

$

14,588

Less: Earnings allocated to participating securities

(95)

(107)

(164)

(243)

Net income available to common stockholders

$

10,716

$

5,950

$

16,744

$

14,345

Weighted average common shares outstanding including participating securities

8,294,801

8,320,036

8,299,503

8,310,071

Less: Weighted average participating securities

(73,053)

(146,549)

(80,650)

(138,711)

Weighted average common shares outstanding

8,221,748

8,173,487

8,218,853

8,171,360

Basic earnings per common share

$

1.30

$

0.73

$

2.04

$

1.76

Diluted

Net income allocated to common stockholders

$

10,716

$

5,950

$

16,744

$

14,345

Weighted average common shares outstanding for basic earnings per common share

8,221,748

8,173,487

8,218,853

8,171,360

Add: Dilutive effects of assumed exercise of stock options

74,597

126,491

108,905

121,022

Add: Dilutive effects of assumed vesting of performance based restricted stock units

63,105

36,086

63,756

28,484

Average shares and dilutive potential common shares

8,359,450

8,336,064

8,391,514

8,320,866

Dilutive earnings per common share

$

1.28

$

0.71

$

2.00

$

1.72