Earnings Per Share

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Earnings Per Share

Earnings per share are calculated as follows (in thousands, except earnings per share):

	December 31,
	2019		2018
Basic earnings per share
Income available to common shareholder	$	1,959	$	1,687
Weighted average shares outstanding		5,142		5,080
Basic earnings per share	$	0.38	$	0.33
Diluted earnings per share
Income available to common shareholder	$	1,959	$	1,687
Weighted average shares outstanding		5,142		5,080
Dilutive effect of restricted stock		5		16
Total weighted average shares outstanding		5,147		5,096
Diluted earnings per share	$	0.38	$	0.33

There were no options or restricted stock excluded from the diluted earnings per share calculation for the years ended December 31, 2019 and December 31, 2018.