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Earnings Per Common Share (EPS) (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Common Share (EPS) [Abstract]

Earnings Per Share



	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



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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://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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