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Earnings Per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

Earnings per share are calculated as follows (in thousands, except earnings per share):

 

   December 31,
   2020  2019
Basic earnings per share      
       
Income available to common shareholder  $2,665   $1,949 
           
Weighted average shares outstanding   5,185    5,142 
           
Basic earnings per share  $0.51   $0.38 
           
Diluted earnings per share          
           
Income available to common shareholder  $2,665   $1,949 
           
Weighted average shares outstanding   5,185    5,142 
Dilutive effect of restricted stock   2    5 
           
Total weighted average shares outstanding   5,187    5,147 
           
Diluted earnings per share  $0.51   $0.38 

 

There was no  restricted stock excluded from the diluted earnings per share calculation for the years ended December 31, 2020 and December 31, 2019.