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Basic and Diluted Earnings Per Share
 6 Months Ended
Jun. 30, 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 respective period.
 
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 June 30, 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 June 30,
Six months ended June 30,
 
(Dollars in thousands, except share and per share data)
2021
2020
2021
2020
Basic and diluted:
Net earnings
$
2,286
$
1,661
$
4,292
$
3,462
Weighted average common
 
shares outstanding
3,554,871
3,566,166
3,560,554
3,566,156
Net earnings per share
$
0.65
$
0.47
$
1.21
$
0.97