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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Summary of Significant Accounting Policies  
Schedule of premises and equipment

Buildings and improvements

 

10 - 50 years

Furniture and equipment

 

3 - 10 years

Reconciliations of the amounts used in the computation of both basic earnings per common share and diluted earnings per common share

For the year ended December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 Net Earnings

(Dollars in thousands)

 

 

 Weighted Average

Number of Shares

 

 

 Per Share

Amount

 

Basic earnings per share

 

$16,123

 

 

 

5,480,123

 

 

$2.94

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock units - unvested

 

 

-

 

 

 

15,467

 

 

 

 

 

Shares held in deferred comp plan by deferred compensation trust

 

 

 

 

 

 

165,599

 

 

 

 

 

Diluted earnings per share

 

$16,123

 

 

 

5,661,189

 

 

$2.85

 

For the year ended December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 Net Earnings

(Dollars in thousands)

 

 

 Weighted Average

Number of Shares

 

 

 Per Share

Amount

 

Basic earnings per share

 

$15,133

 

 

 

5,576,099

 

 

$2.71

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock units - unvested

 

 

-

 

 

 

13,935

 

 

 

 

 

Shares held in deferred comp plan by deferred compensation trust

 

 

 

 

 

 

158,831

 

 

 

 

 

Diluted earnings per share

 

$15,133

 

 

 

5,748,865

 

 

$2.63

 

For the year ended December 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 Net Earnings

(Dollars in thousands)

 

 

 Weighted Average

Number of Shares

 

 

 Per Share

Amount

 

Basic earnings per share

 

$11,357

 

 

 

5,657,025

 

 

$2.01

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock units

 

 

-

 

 

 

14,203

 

 

 

 

 

Shares held in deferred comp plan by deferred compensation trust

 

 

-

 

 

 

150,394

 

 

 

 

 

Diluted earnings per share

 

$11,357

 

 

 

5,821,622

 

 

$1.95