Net Income per Common Share (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Schedule of net income per common share

The following table provides a reconciliation of the numerator and the denominator of the basic EPS computation with the numerator and the denominator of the diluted EPS computation:

	Three months ended September 30,				Nine months ended September 30,
	2019		2018		2019		2018
Net income (000's, except per share amounts)	$	4,173	$	3,518	$	12,276	$	10,068
Weighted average shares issued	16,953,744		16,902,218		16,950,474		16,897,524
Add: dilutive effect of stock options	36,418		51,835		31,145		35,953
Weighted average shares outstanding adjusted for potential dilution	16,990,162		16,954,053		16,981,619		16,933,477
Basic earnings per share	$	0.25	$	0.21	$	0.72	$	0.60
Diluted earnings per share	$	0.25	$	0.21	$	0.72	$	0.59
Anti-dilutive stock options excluded from earnings per share calculation	60,000		30,000		60,000		103,000