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Nature of Operations (Tables)
 6 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
Schedule of Calculations for Basic and Diluted Earnings Per Common Share Presented below are the calculations for basic and diluted earnings per common share.       

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

(In thousands except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

$

2,318

 

 

$

1,079

 

 

$

4,450

 

 

$

(219

)

Weighted average common shares outstanding

 

6,873,358

 

 

 

6,834,148

 

 

 

6,874,306

 

 

 

6,830,625

 

Effect of dilutive common stock awards

 

33,157

 

 

 

—

 

 

 

33,157

 

 

 

—

 

Diluted weighted average common shares outstanding

 

6,906,515

 

 

 

6,834,148

 

 

 

6,907,463

 

 

 

6,830,625

 

Basic earnings (loss) per common share*

$

0.34

 

 

$

0.16

 

 

$

0.65

 

 

$

(0.03

)

Diluted earnings (loss) per common share*

$

0.34

 

 

$

0.16

 

 

$

0.64

 

 

$

(0.03

)

*Cumulative quarterly per share performance may not equal annual per share totals due to the effects of the amount and timing of capital increases.  When computing earnings per share for an interim period, the denominator is based on the weighted average shares outstanding during the interim period, and not on an annualized weighted average basis. Accordingly, the sum of the earnings per share data for the quarters will not necessarily equal the year-to-date earnings per share data.