Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE

v3.19.1
EARNINGS PER COMMON SHARE
3 Months Ended
Mar. 31, 2019
EARNINGS PER COMMON SHARE [Abstract]  
EARNINGS PER COMMON SHARE
NOTE 8 - EARNINGS PER COMMON SHARE

A reconciliation of the numerators and denominators of basic and diluted earnings per common share for the three month periods ended March 31, 2019 and 2018 are as follows (dollars in thousands, except per share data):

   
Three Months
Ended
March 31, 2019
   
Three Months
Ended
March 31, 2018
 
Net income available to common shares
 
$
7,646
   
$
5,755
 
Weighted average shares outstanding, including participating stock awards - Basic
   
34,040,380
     
34,010,396
 
Dilutive potential common shares:
               
Stock options
   
     
1,196
 
Weighted average shares outstanding - Diluted
   
34,040,380
     
34,011,592
 
Basic earnings per common share
 
$
0.22
   
$
0.17
 
Diluted earnings per common share
 
$
0.22
   
$
0.17
 

There were no antidilutive shares of common stock in the three month periods ended March 31, 2019 and 2018.