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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

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)						2021						2020						2021						2020


Net income						$	6,521					$	4,344					$	21,563					$	13,268
Weighted average shares outstanding						12,007,689						12,471,070						12,332,248						12,551,480
Basic earnings per share						$	0.54					$	0.35					$	1.75					$	1.06


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)						2021						2020						2021						2020


Net income						$	6,521					$	4,344					$	21,563					$	13,268
Weighted average shares outstanding						12,007,689						12,471,070						12,332,248						12,551,480
Effect of diluted stock options and restricted stock						37,207						25,104						46,343						44,692
Weighted average shares of common stock and common stock equivalents						12,044,896						12,496,174						12,378,591						12,596,172
Diluted earnings per share						$	0.54					$	0.35					$	1.74					$	1.05