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Income Per Common Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Income Per Common Share
NOTE 17 – INCOME PER COMMON SHARE
Basic net income per common share is calculated by dividing net income by the weighted average shares outstanding during the period, without consideration for common stock equivalents.
Diluted net income per common share is calculated by adjusting weighted average shares outstanding for the dilutive effect of common stock equivalents outstanding for the period, determined using the treasury stock method. Potential common stock is included in the diluted income per common share calculation when dilutive. The dilutive effect of outstanding restricted stock awards after application of the treasury stock method as of December 31, 2019, 2018 and 2017, was 120 thousand, 122 thousand and 117 thousand, respectively.