Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Summary of Significant Accounting Policies

Schedule of Computation of Basic and Diluted Earnings Per Share

	Three Months Ended
	March 31,
	2020		2019
	(In thousands, except per share data)
Numerator:
Net income	$	1,680	$	1,370
Less: Income allocated to unvested participating securities		37		26
Net income available to common stockholders	$	1,643	$	1,344
Denominator:
Denominator for basic earnings per share — weighted average shares		5,866		5,841
Effect of dilutive securities:
Common stock equivalents		—		—
Denominator for diluted earnings per share — adjusted weighted-average shares and assumed conversions		5,866		5,841
Earnings per share:
Basic	$	0.28	$	0.23
Diluted	$	0.28	$	0.23