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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of earnings per share
   Three Months Ended
Sep. 30,
 
($ and outstanding shares in thousands - except per share data)  2020   2019 
         
Distributed earnings allocated to common shares  $764   $581 
Undistributed (in excess of) earnings allocated to common shares   4,482    2,944 
           
Net earnings allocated to common shares   5,246    3,525 
Net earnings allocated to participating securities   4    4 
Dividends on convertible preferred shares   -    233 
           
Net Income allocated to common shares and participating securities  $5,250   $3,762 
           
Weighted average shares outstanding for basic earnings per share   7,607    6,397 
Dilutive effect of stock compensation   -    34 
Dilutive effect of convertible shares   -    1,445 
           
Weighted average shares outstanding for diluted earnings per share   7,607    7,876 
           
Basic earnings per common share  $0.69   $0.55 
           
Diluted earnings per common share  $0.69   $0.48 
   Nine Months Ended
Sep. 30,
 
($ and outstanding shares in thousands - except per share data)  2020   2019 
         
Distributed earnings allocated to common shares  $2,278   $1,723 
Undistributed earnings allocated to common shares   7,296    6,159 
           
Net earnings allocated to common shares   9,574    7,882 
Net earnings allocated to participating securities   12    13 
Dividends on convertible preferred shares   -    720 
           
Net Income allocated to common shares and participating securities  $9,586   $8,615 
           
Weighted average shares outstanding for basic earnings per share   7,700    6,459 
Dilutive effect of stock compensation   -    36 
Dilutive effect of preferred convertible shares   -    1,460 
           
Weighted average shares outstanding for diluted earnings per share   7,700    7,955 
           
Basic earnings per common share  $1.25   $1.22 
           
Diluted earnings per common share  $1.25   $1.08