EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2019

NOTE 7 - 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 the three months ended March 31, 2019 and 2018 is presented below:

	Three Months Ended March 31,
	2019		2018
Basic earnings per share
Income available to common stockholders	$	6,176	$	5,133
Weighted average common shares outstanding		14,626,234		13,346,375
Earnings per share	$	0.42	$	0.38

Diluted earnings per share
Income available to common stockholders	$	6,176	$	5,133
Weighted average common shares outstanding		14,626,234		13,346,375
Add dilutive effects of potential additional common stock		72,865		77,825
Weighted average common and dilutive potential common shares outstanding		14,699,099		13,424,200
Earnings per share assuming dilution	$	0.42	$	0.38

Stock options for 72,075 shares of common stock were not considered in computing diluted earnings per share for the three months ended March 31, 2019 because they were antidilutive. Stock options for 132,563 shares of common stock were not considered in computing diluted earnings per share for the three months ended March 31, 2018 because they were antidilutive.