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Earnings Per Common Share
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Common Share Earnings per Common Share
The following table presents the calculation of earnings per common share:
Three months ended March 31,
2020

 
2019

Earnings per common share - basic:
 
 
 
Net income

$11,901

 

$17,495

Less dividends and undistributed earnings allocated to participating securities
(32
)
 
(34
)
Net income available to common shareholders

$11,869

 

$17,461

Weighted average common shares
17,345

 
17,304

Earnings per common share - basic

$0.68

 

$1.01

Earnings per common share - diluted:
 
 
 
Net income

$11,901

 

$17,495

Less dividends and undistributed earnings allocated to participating securities
(32
)
 
(34
)
Net income available to common shareholders

$11,869

 

$17,461

Weighted average common shares
17,345

 
17,304

Dilutive effect of common stock equivalents
96

 
97

Weighted average diluted common shares
17,441

 
17,401

Earnings per common share - diluted

$0.68

 

$1.00



Weighted average common stock equivalents, not included in common stock equivalents above because they were anti-dilutive, totaled 152,010 and 87,775, respectively, for the three months ended March 31, 2020 and 2019.