Earnings Per Share

12 Months Ended

Dec. 31, 2019

Earnings Per Share

Earnings Per Share

Note 15: Earnings Per Share

Earnings per share (EPS) were computed as follows:

	Year Ended December 31, 2019
			Weighted-
	Net		Average	Per Share
	Income		Shares	Amount
	(In thousands)
Net income	$	6,810
Less allocated earnings on non-vested restricted stock		(111)
Less allocated dividends on non-vested restricted stock		(145)
Net income allocated to common stockholders		6,554
			5,525,965
Basic and diluted earnings per share				$	1.19

	Year Ended December 31, 2018
			Weighted-
	Net		Average	Per Share
	Income		Shares	Amount
	(In thousands)
Net income	$	4,282
Less allocated earnings on non-vested restricted stock		(59)
Less allocated dividends on non-vested restricted stock		(155)
Net income allocated to common stockholders		4,068
			4,952,471
Basic and diluted earnings per share				$	0.82