Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

(Share amounts in thousands)

The following table sets forth the computation of basic and diluted earnings per common share for the periods indicated:


	Three Months Ended June 30,						Six Months Ended June 30,
	2019		2018		2019		2018
Numerator for basic and diluted earnings per common share:
Net income	$	9,564	$	5,434	$	13,254	$	3,576
Denominator:
Weighted average shares outstanding	10,420		10,365		10,399		10,358
Denominator for basic earnings per common share	10,420		10,365		10,399		10,358
Effect of dilutive securities:
Stock compensation plans	222		119		199		119
Dilutive potential common shares	222		119		199		119
Denominator for diluted earnings per common share - adjusted weighted average shares outstanding	10,642		10,484		10,598		10,477
Basic earnings per common share	$	0.92	$	0.52	$	1.27	$	0.35
Diluted earnings per common share	$	0.90	$	0.52	$	1.25	$	0.34