EARNINGS PER SHARE COMPUTATION	9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]
EARNINGS PER SHARE COMPUTATION	4. EARNINGS PER SHARE COMPUTATION Basic earnings per share is computed by dividing net income by the weighted average common shares outstanding for the period (5,876,585 and 5,868,307 shares for the three-month and nine-month periods ended September 30, 2020, and 5,852,463 and 5,845,242 shares for the three-month and nine-month periods ended September 30, 2019). Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock, such as stock options or restricted stock, result in the issuance of common stock. Diluted earnings per share is computed by dividing net income by the weighted average common shares outstanding for the period plus the dilutive effect of stock based awards. There were 9,719 and 14,386, respectively, dilutive shares for the three-month and nine-month periods ended September 30, 2020 and 18,453 and 18,737, respectively, dilutive shares for the three-month and nine-month periods ended September 30, 2019. For the three-month and nine-month periods ended September 30, 2020 and 2019, there were zero stock options that were excluded from the calculation as they were considered antidilutive. Earnings per share is retroactively adjusted for stock dividends and stock splits, if applicable, for all periods presented.

EARNINGS PER SHARE COMPUTATION

9 Months Ended

Sep. 30, 2020

4. EARNINGS PER SHARE COMPUTATION

Basic earnings per share is computed by dividing net income by the weighted average common shares outstanding for the period (5,876,585 and 5,868,307 shares for the three-month and nine-month periods ended September 30, 2020, and 5,852,463 and 5,845,242 shares for the three-month and nine-month periods ended September 30, 2019). Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock, such as stock options or restricted stock, result in the issuance of common stock. Diluted earnings per share is computed by dividing net income by the weighted average common shares outstanding for the period plus the dilutive effect of stock based awards. There were 9,719 and 14,386, respectively, dilutive shares for the three-month and nine-month periods ended September 30, 2020 and 18,453 and 18,737, respectively, dilutive shares for the three-month and nine-month periods ended September 30, 2019. For the three-month and nine-month periods ended September 30, 2020 and 2019, there were zero stock options that were excluded from the calculation as they were considered antidilutive. Earnings per share is retroactively adjusted for stock dividends and stock splits, if applicable, for all periods presented.