Earnings Per Share

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Earnings Per Share

(5) Earnings Per Share

Earnings per share, (“EPS”) have been computed on the basis of the weighted-average number of shares of common stock outstanding. For the three months ended March 31, 2018 and 2017, outstanding stock options are considered dilutive securities for purposes of calculating diluted EPS which was computed using the treasury stock method.

	2018						2017
(dollars in thousands, except per share amounts)	Earnings		Weighted- Average Shares		Per Share Amount		Earnings		Weighted- Average Shares		Per Share Amount
Three Months Ending March 31:
Basic EPS:
Net earnings	$	754		3,120,613	$	0.24	$	536		2,005,868	$	0.27
Effect of dilutive securities-incremental shares from assumed conversion of options				2,892						3,288
Diluted EPS:
Net earnings	$	754		3,123,505	$	0.24	$	536		2,009,156	$	0.27