Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

Earnings Per Share
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share ("EPS") is computed by dividing net income by the weighted average number of shares of common stock outstanding during each period. Shares issued during the period are weighted for the portion of the period that they were outstanding. Our calculation of diluted earnings per common share includes the dilutive effects for an assumed vesting of restricted stock awards. The antidilutive common stock equivalents excluded from the diluted per share calculation are not material.
Three months ended September 30, Nine months ended September 30,
  2020 2019 2020 2019
Basic weighted average common shares outstanding 11,043,246  10,970,123  11,028,283  10,953,581 
Effect of dilutive shares 57,110  89,958  —  82,370 
Diluted weighted average common shares outstanding 11,100,356  11,060,081  11,028,283  11,035,951