XML 39 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings per Share

The following table sets forth the computation of basic and diluted earnings per share:







 

 

 

 

 

(Dollars in thousands, except earnings per share data)

Three Months Ended June 30,



2018

 

2017

Net income

$

1,569 

 

$

1,294 

Weighted-average common shares outstanding

 

4,987 

 

 

4,769 

Basic earnings per share

$

0.31 

 

$

0.27 



 

 

 

 

 

Weighted-average common shares outstanding

 

4,987 

 

 

4,769 

Common stock equivalents due to effect of stock options

 

21 

 

 

10 

Total weighted-average common shares and equivalents

 

5,008 

 

 

4,779 

Diluted earnings per share

$

0.31 

 

$

0.27 







 

 

 

 

 



Six Months Ended June 30,



2018

 

2017

Net income

$

2,896 

 

$

2,753 

Weighted-average common shares outstanding

 

4,879 

 

 

4,763 

Basic earnings per share

$

0.59 

 

$

0.58 



 

 

 

 

 

Weighted-average common shares outstanding

 

4,879 

 

 

4,763 

Common stock equivalents due to effect of stock options

 

19 

 

 

Total weighted-average common shares and equivalents

 

4,898 

 

 

4,770 

Diluted earnings per share

$

0.59 

 

$

0.58