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Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings per share:

Schedule of Earnings Per Share, Basic and Diluted

Schedule of Earnings Per Share, Basic and Diluted 

			2021				2020				2021				2020
		Three months ended								Six months ended
(Dollars in thousands, except per share amounts)		June 30,								June 30,
			2021				2020				2021				2020
Net earnings		$	4,980			$	5,100			$	10,347			$	8,463
Weighted average common shares outstanding - basic (1)			4,756,604				4,720,800				4,754,744				4,764,686
Assumed exercise of stock options (1)			8,200				19,229				7,144				19,175
Weighted average common shares outstanding - diluted (1)			4,764,804				4,740,029				4,761,888				4,783,861
Earnings per share (1):
Basic		$	1.05			$	1.08			$	2.18			$	1.78
Diluted		$	1.04			$	1.08			$	2.17			$	1.77

(1) Share and per share values for the periods ended June 30, 2020 have been adjusted to give effect to the 5% stock dividend paid during December 2020.

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- References

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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 http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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