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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Earning Per Common Share

The following reconciles the numerator and denominator of the basic and diluted earnings per common share computation:

 

(In thousands except average market price and per share data)

 

Earnings Per Common Share
   Nine months   Three months 
   Ended September 30,   Ended September 30, 
   2021   2020   2021   2020 
                 
Numerator (Net income available to common shareholders)  $11,546   $6,663   $4,748   $2,652 
Denominator                    
Weighted average common shares outstanding for:                    
Basic shares   7,487    7,440    7,499    7,458 
Dilutive securities:                    
Deferred compensation   28    24    31    13 
                     
Restricted stock – Treasury stock method   25    11    26    11 
Diluted shares   7,540    7,475    7,556    7,482 
Earnings per common share:                    
Basic   1.54    0.90    0.63    0.36 
Diluted   1.53    0.89    0.63    0.35 
The average market price used in calculating assumed number of shares  $19.37   $15.87   $20.20   $13.69