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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Calculation of 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 March 31, 

 

 

2020

    

2019

Net income

 

$

1,038

 

$

1,413

Weighted-average common shares outstanding

 

 

5,103

 

 

5,095

Basic earnings per share

 

$

0.20

 

$

0.28

Weighted-average common shares outstanding

 

 

5,103

 

 

5,095

Common stock equivalents due to effect of stock options

 

 

 8

 

 

22

Total weighted-average common shares and equivalents

 

 

5,111

 

 

5,117

Diluted earnings per share

 

$

0.20

 

$

0.28

Anti-dilutive stock options outstanding

 

 

 5

 

 

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