XML 55 R43.htm IDEA: XBRL DOCUMENT v3.22.0.1
Computation of Earnings Per Common Share (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Computation of earnings per common share
Earnings per common share have been computed based on the following for the years ended December 31:
202120202019
Average number of common shares outstanding for basic calculation7,853,398 7,959,705 7,909,794 
Average potential effect of common shares in the Directors Plan (1)
99,813 143,878 185,248 
Average potential effect of common shares in the RSP12,750 2,508 — 
Average number of common shares outstanding used to calculate diluted earnings per common share7,965,961 8,106,091 8,095,042 
Net income$19,499 $10,885 $13,024 
Earnings per common share
Basic$2.48 $1.37 $1.65 
Diluted$2.45 $1.34 $1.61 
(1) Exclusive of shares held in the Rabbi Trust