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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Weighted Average Number of Shares Used in Computing Earnings Per Share

 

The following table presents the weighted average number of shares used in computing earnings per share and the effect on weighted average number of shares of dilutive potential common stock.

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

Shares

 

 

Per Share Amount

 

 

Shares

 

 

Per Share Amount

 

 

Shares

 

 

Per Share Amount

 

Basic earnings per share

 

 

3,783,322

 

 

$

1.80

 

 

 

3,772,421

 

 

$

1.63

 

 

 

3,764,690

 

 

$

0.66

 

Effect of dilutive stock awards

 

 

7,396

 

 

 

 

 

 

 

6,945

 

 

 

 

 

 

 

8,320

 

 

 

 

 

Diluted earnings per share

 

 

3,790,718

 

 

$

1.80

 

 

 

3,779,366

 

 

$

1.62

 

 

 

3,773,010

 

 

$

0.66