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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2019
EARNINGS PER SHARE  
Schedule of Calculation of Basic and Diluted earnings per share

The calculation of basic and diluted earnings per share for the years ended December 31, 2019 and 2018 are as follows (in thousands, except per share amounts):

 

 

 

 

 

 

 

 

 

 

For the Years Ended December 31,

 

    

2019

    

2018

Basic earnings per share

 

 

  

 

 

  

Net income available to common stockholders

 

$

9,492

 

$

9,552

Basic weighted-average shares outstanding

 

 

32,439

 

 

32,503

Basic earnings per share

 

$

0.29

 

$

0.29

 

 

 

 

 

 

 

Diluted earnings per share

 

 

  

 

 

  

Net income available to common stockholders

 

$

9,492

 

$

9,552

Weighted-average shares outstanding

 

 

32,439

 

 

32,503

Effect of dilutive securities - options and restricted stock

 

 

1,524

 

 

1,540

Diluted weighted-average shares outstanding

 

 

33,963

 

 

34,043

Diluted earnings per share

 

$

0.28

 

$

0.28