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Earnings per share

6 Months Ended

Jun. 30, 2019

Earnings per share

Earnings per share

3. Earnings per share:

Basic earnings per share represent income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share reflect additional common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance.

There were no shares considered anti-dilutive for the three and six month periods ended June 30, 2019 and 2018.

		2019						2018
For the Three Months Ended June 30,		Basic			Diluted			Basic			Diluted
Net Income		$	7,144		$	7,144		$	5,957		$	5,957
Average common shares outstanding			7,399,302			7,399,302			7,396,533			7,396,533
Earnings per share		$	0.96		$	0.96		$	0.81		$	0.81
		2019						2018
For the Six Months Ended June 30		Basic			Diluted			Basic			Diluted
Net income		$	13,556		$	13,556		$	11,811		$	11,811
Average common shares outstanding			7,399,178			7,399,178			7,396,519			7,396,519
Earnings per share		$	1.83		$	1.83		$	1.60		$	1.60

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- References

No definition available.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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