XML 22 R12.htm IDEA: XBRL DOCUMENT
v3.20.2

Earnings Per Common Share (EPS) | 9 Months Ended
--- | ---
Sep. 30, 2020
Earnings Per Common Share (EPS) [Abstract] |
Earnings Per Common Share (EPS) | Note 3 – Earnings Per Common Share (EPS) The following is a summary of the earnings per share calculation for the three and nine months ended September 30, 2020 and 2019. ﻿
﻿ |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |
﻿ | Three Months Ended |  | Nine Months Ended
﻿ | September 30, |  | September 30,
﻿ | 2020 |  | 2019 |  | 2020 |  | 2019
﻿ |  |  |  |  |  |  |
﻿Net income | $ 1,454,000 |  | $ 1,474,000 |  | $ 3,270,000 |  | $ 4,085,000
﻿ |  |  |  |  |  |  |
﻿Weighted average number of shares | 4,339,436 |  | 4,378,436 |  | 4,342,294 |  | 4,378,436
﻿Restricted stock units affect of incremental shares | - |  | 6,895 |  | - |  | 4,692
﻿ |  |  |  |  |  |  |
﻿Weighted average diluted shares | 4,339,436 |  | 4,385,331 |  | 4,342,294 |  | 4,383,128
﻿ |  |  |  |  |  |  |
﻿ |  |  |  |  |  |  |
﻿Basic EPS (weighted avg shares) | $ 0.34 |  | $ 0.34 |  | $ 0.75 |  | $ 0.93
﻿ |  |  |  |  |  |  |
﻿Diluted EPS (Including incremental shares) | $ 0.34 |  | $ 0.34 |  | $ 0.75 |  | $ 0.93
In 2020, all restricted stock units (RSUs) were excluded from calculating diluted earnings per share as the Company elected to settle units vesting in 2020 wholly in cash. Going forward, management has adopted a cash settlement policy for all currently outstanding RSUs. Prior to 2020, the presumption was that the shares would be settled in common stock and the RSUs were included in the calculation of diluted EPS. There were no potentially dilutive shares excluded from the 2019 earnings per share calculation because they were anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration