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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
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 2021, 2020 and 2019, are shown below:

 

   2021   2020   2019 
(Dollars in thousands, except per share amounts)  Years ended December 31, 
   2021   2020   2019 
Net earnings available to common shareholders  $18,011   $19,493   $10,662 
                
Weighted average common shares outstanding - basic   4,994,546    4,987,322    5,063,402 
Assumed exercise of stock options   12,066    4,579    15,260 
Weighted average common shares outstanding - diluted   5,006,612    4,991,901    5,078,662 
Earnings per share:               
Basic  $3.61   $3.91   $2.11 
Diluted  $3.60   $3.91   $2.10