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Basic and Diluted Earnings Per Share
 3 Months Ended
Mar. 31, 2021
Basic and Diluted Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share Text Block
NOTE 2: BASIC AND DILUTED NET EARNINGS PER SHARE
 
Basic net earnings per share is computed by dividing net earnings
 
by the weighted average common shares outstanding for
the quarters ended March 31, 2021 and 2020, respectively.
 
Diluted net earnings per share reflect the potential dilution that
could occur upon exercise of securities or other rights for,
 
or convertible into, shares of the Company’s
 
common stock.
 
At
March 31, 2021 and 2020, respectively,
 
the Company had no such securities or rights issued
 
or outstanding, and therefore,
no dilutive effect to consider for the diluted net earnings
 
per share calculation.
 
The basic and diluted net earnings per share computations for
 
the respective periods are presented below
Quarter ended March 31,
(Dollars in thousands, except share and per share data)
2021
2020
Basic and diluted:
Net earnings
$
2,006
$
1,801
Weighted average common
 
shares outstanding
3,566,299
3,566,146
Net earnings per share
$
0.56
$
0.50