Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Summary of Significant Accounting Policies

Schedule of Computation of Basic and Diluted Earnings Per Share

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
	(In thousands, except per share data)
Numerator:
Net income	$	3,334	$	3,695	$	9,438	$	9,395
Less: Income allocated to unvested participating securities		61		63		173		160
Net income available to common stockholders	$	3,273	$	3,632	$	9,265	$	9,235
Denominator:
Denominator for basic earnings per share — weighted average shares		5,834		5,822		5,840		5,833
Effect of dilutive securities:
Common stock equivalents		—		—		—		—
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions		5,834		5,822		5,840		5,833
Earnings per share:
Basic	$	.56	$	.62	$	1.59	$	1.58
Diluted	$	.56	$	.62	$	1.59	$	1.58