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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted earnings per share is shown below:
 
Three months ended June 30,
 
Six months ended June 30,
 
2019
 
2018
 
2019
 
2018
Basic earnings per common share computation:
 
 
 
 
 
 
 
Net income per consolidated statements of income
$
9,767

 
$
8,441

 
$
19,240

 
$
15,538

Net earnings allocated to participating securities
(40
)
 
(39
)
 
(78
)
 
(73
)
Net earnings allocated to common stock
$
9,727

 
$
8,402

 
$
19,162

 
$
15,465

Distributed earnings allocated to common stock
$
2,580

 
$
2,510

 
$
5,160

 
$
5,019

Undistributed earnings allocated to common stock
7,147

 
5,892

 
14,002

 
10,446

Net earnings allocated to common stock
$
9,727

 
$
8,402

 
$
19,162

 
$
15,465

Weighted average common shares outstanding, including shares considered participating securities
15,230

 
15,286

 
15,230

 
15,279

Less: Average participating securities
(62
)
 
(69
)
 
(62
)
 
(70
)
Weighted average shares
15,168

 
15,217

 
15,168

 
15,209

Basic earnings per common share
$
0.64

 
$
0.55

 
$
1.26

 
$
1.02

Diluted earnings per common share computation:
 
 
 
 
 
 
 
Net earnings allocated to common stock
$
9,727

 
$
8,402

 
$
19,162

 
$
15,465

Weighted average common shares outstanding for basic earnings per common share
15,168

 
15,217

 
15,168

 
15,209

Add: Dilutive effects of assumed exercises of stock options
0

 
0

 
0

 
0

Weighted average shares and dilutive potential common shares
15,168

 
15,217

 
15,168

 
15,209

Diluted earnings per common share
$
0.64

 
$
0.55

 
$
1.26

 
$
1.02