Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER COMMON SHARE

v3.20.1
EARNINGS PER COMMON SHARE
3 Months Ended
Mar. 31, 2020
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, 2020 and 2019 are as follows (dollars in thousands, except per share data):

   
Three Months
Ended
March 31, 2020
   
Three Months
Ended
March 31, 2019
 
Net income available to common shares
 
$
6,411
   
$
7,646
 
Weighted average shares outstanding, including participating stock awards - Basic
   
34,106,719
     
34,040,380
 
Dilutive potential common shares:
               
Stock options
   
     
 
Weighted average shares outstanding - Diluted
   
34,106,719
     
34,040,380
 
Basic earnings per common share
 
$
0.19
   
$
0.22
 
Diluted earnings per common share
 
$
0.19
   
$
0.22
 

There were no antidilutive shares of common stock in the three month periods ended March 31, 2020 and 2019.