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Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of the numerators and denominators of the basic and diluted EPS computations is as follows:

Basic Earnings Per Share		For the Quarter Ended March 31,
(In thousands, except share and per share amounts)		2020				2019
Net income		$	6,623			$	5,216
Weighted average shares outstanding		12,734,971				13,646,489
Basic earnings per share		$	0.52			$	0.38

Diluted Earnings Per Share		For the Quarter Ended March 31,
(In thousands, except share and per share amounts)		2020				2019
Net income		$	6,623			$	5,216
Weighted average shares outstanding		12,734,971				13,646,489
Effect of dilutive stock options		44,125				109,126
Weighted average shares of common stock and common stock equivalents		12,779,096				13,755,615
Diluted earnings per share		$	0.52			$	0.38

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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