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Earnings Per Common Share (EPS) (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Common Share (EPS) [Abstract]  
Earnings Per Share



 

 

 

 

 

 

 



 

 

 

 

 

 

 



Three Months Ended

 

Six Months Ended



June 30,

 

June 30,



2020

 

2019

 

2020

 

2019



 

 

 

 

 

 

 

Net income

$      821,000

 

$   1,377,000

 

$   1,816,000

 

$   2,611,000



 

 

 

 

 

 

 

Weighted average number of shares

4,339,436 

 

4,378,436 

 

4,343,738 

 

4,378,436 

Restricted stock units affect of incremental shares

 -

 

4,585 

 

 -

 

3,558 



 

 

 

 

 

 

 

Weighted average diluted shares

4,339,436 

 

4,383,021 

 

4,343,738 

 

4,381,994 



 

 

 

 

 

 

 



 

 

 

 

 

 

 

Basic EPS (weighted avg shares)

$            0.19

 

$            0.31

 

$            0.42

 

$            0.60



 

 

 

 

 

 

 

Diluted EPS (Including incremental shares)

$            0.19

 

$            0.31

 

$            0.42

 

$            0.60