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Earnings Per Common Share (EPS) (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Common Share (EPS) [Abstract]

Earnings Per Share



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018

Net income	$      1,474,000		$      1,404,000		$      4,085,000		$      3,827,000

Weighted average number of shares	4,378,436		4,378,436		4,378,436		4,378,436
Restricted stock units/stock options affect of incremental shares	6,895		-		4,692		30

Weighted average diluted shares	4,385,331		4,378,436		4,383,128		4,378,466


Basic EPS (weighted avg shares)	$               0.34		$               0.32		$               0.93		$               0.87

Diluted EPS (Including incremental shares)	$               0.34		$               0.32		$               0.93		$               0.87



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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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