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Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2022

Earnings per share:

Schedule of Earnings Per Share, Basic and Diluted

 Schedule of Earnings Per Share, Basic and Diluted

		2022				2021
		Three months ended
(Dollars in thousands, except per share amounts)		March 31,
		2022				2021
Net earnings		$	3,133			$	5,367
Weighted average common shares outstanding - basic (1)			4,997,459				4,990,507
Assumed exercise of stock options (1)			19,596				6,966
Weighted average common shares outstanding - diluted (1)			5,017,055				4,997,473
Earnings per share (1):
Basic (1)		$	0.63			$	1.08
Diluted (1)		$	0.62			$	1.08

(1) Share and per share values for the periods ended March 31, 2021 have been adjusted to give effect to the 5% stock dividend paid during December 2021.

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

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