EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2017

NOTE 17 – EARNINGS PER SHARE

A reconciliation of the numerators and denominators of the earnings per common share and earnings per common share assuming dilution computations for 2017, 2016 and 2015 is presented below:

	2017		2016		2015
Basic earnings per share:
Income available to common stockholders	$	14,819	$	12,174	$	12,446
Weighted average common shares outstanding		10,658,173		10,539,271		8,978,972
Earnings per share	$	1.39	$	1.16	$	1.38

Diluted earnings per share:
Income available to common stockholders	$	14,819	$	12,174	$	12,446
Weighted average common shares outstanding		10,658,173		10,539,271		8,978,972
Add dilutive effects of potential additional common stock		77,918		64,248		229,863
Weighted average common and dilutive potential Common shares outstanding		10,736,091		10,603,519		9,208,835
Earnings per share assuming dilution	$	1.38	$	1.15	$	1.35

Stock options for 25,850 shares of common stock were not considered in computing diluted earnings per share for 2015 because they were antidilutive. There were no stock options considered antidilutive for 2017 and 2016.