XML 31 R20.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Tables)

9 Months Ended

Sep. 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 September 30,												For the Nine Months Ended September 30,
(In thousands, except share and per share amounts)						2020						2019						2020						2019


Net income						$	4,344					$	5,691					$	13,268					$	16,994
Weighted average shares outstanding						12,471,070						13,360,030						12,551,480						13,515,109
Basic earnings per share						$	0.35					$	0.43					$	1.06					$	1.26


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


Net income						$	4,344					$	5,691					$	13,268					$	16,994
Weighted average shares outstanding						12,471,070						13,360,030						12,551,480						13,515,109
Effect of dilutive stock options						25,104						90,157						44,692						100,443
Weighted average shares of common stock and common stock equivalents						12,496,174						13,450,187						12,596,172						13,615,552
Diluted earnings per share						$	0.35					$	0.42					$	1.05					$	1.25