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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
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 2022, 2021 and 2020, are shown below:

 

   2022   2021   2020 
(Dollars in thousands, except per share amounts)  Years ended December 31, 
   2022   2021   2020 
Net earnings available to common shareholders  $9,878   $18,011   $19,493 
                
Weighted average common shares outstanding - basic   5,230,749    5,244,273    5,236,688 
Assumed exercise of stock options   15,016    12,670    4,808 
Weighted average common shares outstanding - diluted   5,245,765    5,256,943    5,241,496 
Earnings per share:               
Basic  $1.89   $3.43   $3.72 
Diluted  $1.88   $3.42   $3.72