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PER SHARE DATA (Tables)
12 Months Ended
Dec. 31, 2020
PER SHARE DATA  
Schedule of Basic and Diluted earnings per share

(In Thousands, Except Share and Per Share Data)

    

Years Ended

December 31,

December 31,

    

2020

    

2019

Basic

 

  

 

  

Net income

$

19,222

$

19,504

Less: Dividends and undistributed earnings allocated to participating securities

 

(116)

 

(100)

Net income attributable to common shares

$

19,106

$

19,404

Basic weighted-average common shares outstanding

 

14,743,386

 

13,298,736

Basic earnings per common share (a)

$

1.30

$

1.46

Diluted

 

  

 

  

Net income attributable to common shares

$

19,106

$

19,404

Basic weighted-average common shares outstanding

 

14,743,386

 

13,298,736

Dilutive effect of potential common stock arising from stock options

 

3,662

 

22,823

Diluted weighted-average common shares outstanding

 

14,747,048

 

13,321,559

Diluted earnings per common share (a)

$

1.30

$

1.46

(a)Basic and diluted earnings per share under the two-class method are determined on net income reported on the income statement less earnings allocated to nonvested restricted shares with nonforfeitable dividends (participating securities).