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Earnings Per Share (Tables)
 9 Months Ended
Sep. 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 September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
Basic earnings per common share computation:
 
 
 
 
 
 
 
Net income per consolidated statements of income
$
10,357

 
$
9,236

 
$
29,597

 
$
24,774

Net earnings allocated to participating securities
(37
)
 
(40
)
 
(114
)
 
(113
)
Net earnings allocated to common stock
$
10,320

 
$
9,196

 
$
29,483

 
$
24,661

Distributed earnings allocated to common stock
$
2,573

 
$
2,586

 
$
7,734

 
$
7,607

Undistributed earnings allocated to common stock
7,747

 
6,610

 
21,749

 
17,054

Net earnings allocated to common stock
$
10,320

 
$
9,196

 
$
29,483

 
$
24,661

Weighted average common shares outstanding, including shares considered participating securities
15,197

 
15,285

 
15,218

 
15,281

Less: Average participating securities
(51
)
 
(60
)
 
(58
)
 
(67
)
Weighted average shares
15,146

 
15,225

 
15,160

 
15,214

Basic earnings per common share
$
0.68

 
$
0.60

 
$
1.94

 
$
1.62

Diluted earnings per common share computation:
 
 
 
 
 
 
 
Net earnings allocated to common stock
$
10,320

 
$
9,196

 
$
29,483

 
$
24,661

Weighted average common shares outstanding for basic earnings per common share
15,146

 
15,225

 
15,160

 
15,214

Add: Dilutive effects of assumed exercises of stock options
0

 
0

 
0

 
0

Weighted average shares and dilutive potential common shares
15,146

 
15,225

 
15,160

 
15,214

Diluted earnings per common share
$
0.68

 
$
0.60

 
$
1.94

 
$
1.62