XML 41 R30.htm IDEA: XBRL DOCUMENT v3.20.2

Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Basic and Diluted Earnings per Share (EPS)

The following table sets forth the computation of basic and diluted earnings per share (EPS) for the six months ended June 30, 2020 and 2019:

			Income (Numerator)						Shares (Denominator)						Per-Share Amount
For the six months ended June 30, 2020
Net income as reported			$	13,064,000
Basic EPS: Income available to common shareholders			13,064,000						10,849,869						$	1.20
Effect of dilutive securities: restricted stock									71,638
Diluted EPS: Income available to common shareholders plus assumed conversions			$	13,064,000					10,921,507						$	1.20
For the six months ended June 30, 2019
Net income as reported			$	12,551,000
Basic EPS: Income available to common shareholders			12,551,000						10,807,579						$	1.16
Effect of dilutive securities: restricted stock									74,769
Diluted EPS: Income available to common shareholders plus assumed conversions			$	12,551,000					10,882,348						$	1.15

The following table sets forth the computation of basic and diluted earnings per share (EPS) for the quarters ended June 30, 2020 and 2019:

			Income (Numerator)						Shares (Denominator)						Per-Share Amount
For the quarter ended June 30, 2020
Net income as reported			$	6,569,000
Less dividends and amortization of premium on preferred stock			—
Basic EPS: Income available to common shareholders			6,569,000						10,855,139						$	0.61
Effect of dilutive securities: restricted stock									73,522
Diluted EPS: Income available to common shareholders plus assumed conversions			$	6,569,000					10,928,661						$	0.60
For the quarter ended June 30, 2019
Net income as reported			$	6,395,000
Less dividends and amortization of premium on preferred stock			—
Basic EPS: Income available to common shareholders			6,395,000						10,812,323						$	0.59
Effect of dilutive securities: restricted stock									75,577
Diluted EPS: Income available to common shareholders plus assumed conversions			$	6,395,000					10,887,900						$	0.59

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration