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Earnings Per Share
12 Months Ended
Dec. 31, 2021
EARNINGS PER SHARE  
Earnings Per Share NOTE 13 - EARNINGS PER SHARE The following table sets forth the computations of basic and diluted earnings per share: Years Ended December 31, 2021 2020 (In Thousands, Except Per Share Data)Numerator, net income$ 24,915 $ 15,080 Denominator: Weighted average shares outstanding 8,213 7,239Less: Weighted average unvested restricted shares (35) (36)Denominator: Basic earnings per share 8,178 7,203 Weighted average shares outstanding, basic 8,178 7,203Add: Dilutive effect of stock options and restricted stock 21 27Denominator: Diluted earnings per share 8,199 7,230 Basic earnings per common share$ 3.05 $ 2.09 Diluted earnings per common share$ 3.04 $ 2.09 Stock options which had no intrinsic value because their effect would be anti-dilutive, and therefore would not be included in the diluted EPS calculation, were 109,100 and 116,350 for the years ended December 31, 2021 and 2020, respectively, based on the closing price of the Company’s common stock which was $25.99 and $26.17 as of December 31, 2021 and 2020, respectively.