Annual report pursuant to Section 13 and 15(d)

EARNINGS PER COMMON SHARE

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EARNINGS PER COMMON SHARE
 12 Months Ended
Dec. 31, 2018
EARNINGS PER COMMON SHARE [Abstract]  
EARNINGS PER COMMON SHARE
NOTE 13 - EARNINGS PER COMMON SHARE

A reconciliation of the numerators and denominators of basic and diluted earnings per common share are as follows (dollars in thousands, except per share data):

   
2018
    
2017
  
Net income
  
$
26,379
    
$
16,292
  
                 
Weighted average shares outstanding, including participating stock awards - Basic
    
34,018,259
      
33,946,520
  
                 
Dilutive potential common shares:
                
Stock options
    
295
      
6,352
  
Stock warrants
    
—
      
—
  
Weighted average shares outstanding - Diluted
    
34,018,554
      
33,952,872
  
Basic earnings per common share
  
$
0.78
    
$
0.48
  
Diluted earnings per common share
  
$
0.78
    
$
0.48
  

There were no antidilutive stock options for 2018 and 2017.