Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

EARNINGS PER SHARE

Computations of Basic and Diluted Earnings Per Share

	Years Ended December 31,
	2020		2019
	(In Thousands, Except Per Share Data)
Numerator, net income	$	15,080	$	14,215
Denominator:
Weighted average shares outstanding		7,239		6,295
Less: Weighted average unvested restricted shares		(36)		(35)
Denominator: Basic earnings per share		7,203		6,260
Weighted average shares outstanding, basic		7,203		6,260
Add: Dilutive effect of stock options and restricted stock		27		72
Denominator: Diluted earnings per share		7,230		6,332
Basic earnings per common share	$	2.09	$	2.27
Diluted earnings per common share	$	2.09	$	2.25