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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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 Three Months Ended June 30,																		For the Six Months Ended June 30,
(In thousands, except share and per share amounts)						2020						2019						2020						2019


Net income						$	2,301					$	6,087					$	8,924					$	11,303
Weighted average shares outstanding						12,449,283						13,533,724						12,592,126						13,515,752
Basic earnings per share						$	0.18					$	0.45					$	0.71					$	0.84


Diluted Earnings Per Share						For the Three Months Ended June 30,																		For the Six Months Ended June 30,
(In thousands, except share and per share amounts)						2020						2019						2020						2019


Net income						$	2,301					$	6,087					$	8,924					$	11,303
Weighted average shares outstanding						12,449,283						13,533,724						12,592,126						13,515,752
Effect of dilutive stock options						37,398						102,110						54,277						97,114
Weighted average shares of common stock and common stock equivalents						12,486,681						13,635,834						12,646,403						13,612,866
Diluted earnings per share						$	0.18					$	0.45					$	0.71					$	0.83