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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Calculations of Basic and Diluted Earnings per Common Share
The calculations of basic and diluted earnings per common share were as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
(Dollars in thousands, except per common share data)
2018
2017
 
2018
2017
Distributed earnings allocated to common shareholders
$
5,409

$
3,972

 
$
15,532

$
11,184

Undistributed earnings allocated to common shareholders
7,246

6,865

 
16,638

18,134

Net earnings allocated to common shareholders
$
12,655

$
10,837

 
$
32,170

$
29,318

 
 
 
 
 
 
Weighted-average common shares outstanding
19,325,457

18,056,202

 
18,875,290

18,043,692

Effect of potentially dilutive common shares
141,408

157,331

 
128,797

156,267

Total weighted-average diluted common shares outstanding
19,466,865

18,213,533

 
19,004,087

18,199,959

 
 
 
 
 
 
Earnings per common share:
 
 
 
 
 
Basic
$
0.65

$
0.60

 
$
1.70

$
1.62

Diluted
$
0.65

$
0.60

 
$
1.69

$
1.61

 
 
 
 
 
 
Anti-dilutive shares excluded from calculation:
 
 
 
 
 
Restricted shares, stock options and stock appreciation rights
5,541

163

 
2,193

270