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Summary Of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Summary Of Significant Accounting Policies [Abstract]

Earnings Per Common Share

		Three months ended						Six months ended
		June 30,						June 30,
		2021			2020			2021			2020
		(unaudited)						(unaudited)
Basic
Net income		$	3,489		$	10,068		$	9,910		$	12,074
Earnings allocated to participating securities (Series C preferred stock) (1)			-			(1,218)			-			(1,866)
Net income allocated to common stockholders		$	3,489		$	8,850		$	9,910		$	10,208
Weighted average common shares outstanding including unvested share-based payment awards			6,643,318			5,777,816			6,633,698			5,575,856
Less: Unvested share-based payment awards-2019 Plan			(106,896)			(38,719)			(96,615)			(39,335)
Average shares			6,536,422			5,739,097			6,537,083			5,536,521
Basic earnings per common share		$	0.53		$	1.54		$	1.52		$	1.84
Diluted
Net earnings allocated to common stockholders		$	3,489		$	8,850		$	9,910		$	10,208
Add back: Preferred Dividends on Series B preferred stock and accretion of discount			-			-			-			-
Net earnings allocated to common stockholders		$	3,489		$	8,850		$	9,910		$	10,208
Weighted average common shares outstanding for basic earnings per common share			6,536,422			5,739,097			6,537,083			5,536,521
Add: Dilutive effects of assumed exercises of stock options			45,935			24,762			46,278			25,591
Add: Dilutive effects of unvested share-based payment awards-2019 Plan			106,896			38,719			96,615			39,335
Average shares and dilutive potential common shares			6,689,253			5,802,578			6,679,976			5,601,447
Diluted earnings per common share		$	0.52		$	1.53		$	1.48		$	1.82

⁽¹⁾All 12,607 outstanding shares of Series C preferred stock were converted into a total of 1,260,700 shares of the Company’s Non-Voting Common Stock effective as of the close of business on May 28, 2020.

Anti-Dilutive Common Shares

	Three months ended ‎June 30,				Six months ended ‎June 30,
	2021		2020		2021		2020
	(unaudited)				(unaudited)
Stock options	-		437		-		444

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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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=6371337&loc=d3e3550-109257

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