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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

The shares used in the calculation of basic and diluted earnings per share, which have been adjusted to give effect to the 5% common stock dividends paid by the Company in December 2019, 2018 and 2017, are shown below:

 

(Dollars in thousands, except per share amounts)   Years ended December 31,  
    2019     2018     2017  
Net earnings available to common shareholders   $ 10,662     $ 10,426     $ 4,369  
                         
Weighted average common shares outstanding - basic     4,592,655       4,568,205       4,481,984  
Assumed exercise of stock options     13,841       15,908       77,880  
Weighted average common shares outstanding - diluted     4,606,496       4,584,113       4,559,864  
Earnings per share:                        
Basic   $ 2.32     $ 2.28     $ 0.97  
Diluted   $ 2.31     $ 2.27     $ 0.96