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Earnings Per Common Share (Tables)

3 Months Ended

Mar. 31, 2022

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:

Schedule of Earning Per Common Share 

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

Earnings Per Common Share

		Three months ended
		March 31,
		2022				2021
Numerator (Net income available to common shareholders)		$	3,489			$	3,255
Denominator
Weighted average common shares outstanding for:
Basic shares			7,518				7,476
Dilutive securities:
Deferred compensation			33				36
Restricted stock -Treasury stock method			44				11
Diluted shares			7,595				7,523
Earnings per common share:
Basic		$	0.46			$	0.44
Diluted		$	0.46				0.43
The average market price used in calculating assumed number of shares		$	20.99			$	18.43

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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