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NET INCOME PER SHARE
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
NET INCOME PER SHARE

Basic earnings per common share exclude all common stock equivalents, primarily restricted stock awards, and is computed using the weighted average number of common shares outstanding during the period. The diluted earnings per common share calculation reflects the potential dilutive effect of securities that could share in earnings of the Company. As of September 30, 2019, there are no outstanding stock options. For periods prior to September 30, 2019 outstanding options were excluded from the diluted earnings per share calculation when they would have an anti-dilutive effect. Earnings per share are calculated as follows:

 

    Three Months Ended September 30,     Nine Months Ended September 30,  
    2019     2018      2019      2018  
Basic income per share                        
                         
Net income   $ 574     $ 520     $ 1,178     $ 790  
                                 
Weighted average shares outstanding     5,134       5,080       5,134       5,078  
                                 
Basic income per share   $ 0.11     $ 0.10     $ 0.23     $ 0.16  
                                 
Diluted income per share                                
                                 
Net income   $ 574     $ 520     $ 1,178     $ 790  
                                 
  Weighted average shares outstanding     5,134       5,080       5,134       5,078  
    Dilutive effect of stock options and restricted stock     4       19       4       20  
                                 
  Total weighted average shares outstanding     5,138       5,099       5,138       5,098  
                                 
    Diluted income per share   $ 0.11     $ 0.10     $ 0.23     $ 0.15