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Computation of Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Computation of earnings per common share

Earnings per common share have been computed based on the following for the:

	Three Months Ended   March 31
	2020				2019
Average number of common shares outstanding for basic calculation	7,892,421				7,888,885
Average potential effect of common shares in the Directors Plan (1)	163,186				199,456
Average number of common shares outstanding used to calculate diluted earnings per common share	8,055,607				8,088,341
Net income	$	3,064			$	3,496
Earnings per common share
Basic	$	0.39			$	0.44
Diluted	$	0.38			$	0.43

⁽¹⁾  Exclusive of shares held in the Rabbi Trust

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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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