Earnings per Common Share The following table presents the calculation of earnings per common share: | | | | | | | | | (Dollars and shares in thousands, except per share amounts) | | | | Three months ended March 31, | 2019 |
| | 2018 |
| Earnings per common share - basic: | | | | Net income |
| $17,495 |
| |
| $16,211 |
| Less dividends and undistributed earnings allocated to participating securities | (34 | ) | | (38 | ) | Net income available to common shareholders |
| $17,461 |
| |
| $16,173 |
| Weighted average common shares | 17,304 |
| | 17,234 |
| Earnings per common share - basic |
| $1.01 |
| |
| $0.94 |
| Earnings per common share - diluted: | | | | Net income |
| $17,495 |
| |
| $16,211 |
| Less dividends and undistributed earnings allocated to participating securities | (34 | ) | | (38 | ) | Net income available to common shareholders |
| $17,461 |
| |
| $16,173 |
| Weighted average common shares | 17,304 |
| | 17,234 |
| Dilutive effect of common stock equivalents | 97 |
| | 111 |
| Weighted average diluted common shares | 17,401 |
| | 17,345 |
| Earnings per common share - diluted |
| $1.00 |
| |
| $0.93 |
|
Weighted average common stock equivalents, not included in common stock equivalents above because they were anti-dilutive, totaled 87,775 and 45,832, respectively for the three months ended March 31, 2019 and 2018. |