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Earnings per Share (Tables) | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
Schedule of Calculations of Basic and Diluted Earnings Per Common Share | Presented below is a summary of the components used to calculate basic and diluted earnings per common share for the periods indicated, which have been restated to reflect all stock dividends:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(dollars in thousands, except per share data) | 2022 |  | 2021 |  | 2022 |  | 2021
Basic earnings per share: |  |  |  |  |  |  |
Net income available to shareholders | $ | 4,927 |  | $ | 5,796 |  | $ | 16,025 |  | $ | 16,527
Average shares outstanding | 6,768,581 |  | 6,877,305 |  | 6,800,309 |  | 6,877,435
Basic earnings per share | $ | 0.73 |  | $ | 0.84 |  | $ | 2.36 |  | $ | 2.40
Diluted earnings per share: |  |  |  |  |  |  |
Net income available to shareholders | $ | 4,927 |  | $ | 5,796 |  | $ | 16,025 |  | $ | 16,527
Average shares outstanding | 6,768,581 |  | 6,877,305 |  | 6,800,309 |  | 6,877,435
Diluted earnings per share | $ | 0.73 |  | 0.84 |  | $ | 2.36 |  | $ | 2.40

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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 + Details
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