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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Common Share  
Schedule of Earnings Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Nine months ended

 

 

September 30, 

 

September 30, 

 

    

2020

    

2019

    

2020

    

2019

 

 

(In thousands, except per share data)

Numerator:

 

 

  

 

 

  

 

 

 

 

 

  

Net income

 

$

1,078

 

$

1,689

 

$

3,906

 

$

5,359

Denominator:

 

 

  

 

 

  

 

 

  

 

 

  

Weighted average common shares outstanding (basic)

 

 

17,059

 

 

17,278

 

 

17,051

 

 

17,443

Effect of stock options

 

 

 3

 

 

82

 

 

12

 

 

81

Weighted average common shares outstanding (diluted)

 

 

17,062

 

 

17,360

 

 

17,063

 

 

17,524

Earnings per common share:

 

 

  

 

 

  

 

 

  

 

 

  

Basic

 

$

0.06

 

$

0.10

 

$

0.23

 

$

0.31

Diluted

 

 

0.06

 

 

0.10

 

 

0.23

 

 

0.31