Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.21.1
Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Net income (loss)

 

$

411,247

 

 

$

(356,424

)

Weighted average common shares outstanding:

 

 

 

 

 

 

 

 

Average number of common shares outstanding - basic

 

 

9,292,488

 

 

 

9,262,811

 

Net effect of dilutive unvested restricted stock awards included for treasury stock method

 

 

16,799

 

 

 

 

Average number of common shares outstanding - diluted

 

 

9,309,287

 

 

 

9,262,811

 

Earnings per common share

 

 

 

 

 

 

 

 

Basic

 

$

0.04

 

 

$

(0.04

)

Diluted

 

$

0.04

 

 

$

(0.04

)