Three months ended June 30,

Six months ended June 30,

2021

2020

2021

2020

Basic

Net income per consolidated statements of income

$

13,336

$

10,811

$

25,453

$

16,908

Less: Earnings allocated to participating securities

(84)

(95)

(106)

(164)

Net income available to common stockholders

$

13,252

$

10,716

$

25,347

$

16,744

Weighted average common shares outstanding including participating securities

8,343,946

8,294,801

8,329,003

8,299,503

Less: Weighted average participating securities

(31,712)

(73,053)

(34,599)

(80,650)

Weighted average common shares outstanding

8,312,234

8,221,748

8,294,404

8,218,853

Basic earnings per common share

$

1.59

$

1.30

$

3.06

$

2.04

Diluted

Net income available to common stockholders

$

13,252

$

10,716

$

25,347

$

16,744

Weighted average common shares outstanding for basic earnings per common share

8,312,234

8,221,748

8,294,404

8,218,853

Add: Dilutive effects of assumed exercise of stock options

162,674

74,597

153,545

108,905

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

38,495

63,105

31,613

63,756

Add: Dilutive effects of assumed vesting of restricted stock units

30,071

—

17,383

—

Average shares and dilutive potential common shares

8,543,474

8,359,450

8,496,945

8,391,514

Dilutive earnings per common share

$

1.55

$

1.28

$

2.98

$

2.00