EARNINGS PER SHARE

3 Months Ended

Mar. 31, 2020

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

NOTE  7 - EARNINGS PER SHARE

A reconciliation of the numerators and denominators of the earnings per common share and earnings per common share assuming dilution computations for the three months ended       March 31, 2020 and 2019 is presented below:

	Three Months Ended March 31,
	2020		2019
Basic earnings per share
Income available to common stockholders	$	5,368	$	6,176
Weighted average common shares outstanding		14,658,998		14,626,234
Earnings per share	$	0.37	$	0.42
Diluted earnings per share
Income available to common stockholders	$	5,368	$	6,176
Weighted average common shares outstanding		14,658,998		14,626,234
Add dilutive effects of potential additional common stock		67,473		72,865
Weighted average common and dilutive potential common shares outstanding		14,726,471		14,699,099
Earnings per share assuming dilution	$	0.36	$	0.42

Stock options for 72,075 shares of common stock were not considered in computing diluted earnings per share for the three months ended March 31, 2020 and March 31, 2019 because they were antidilutive.