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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of earnings per share
   Three Months Ended
Jun. 30,		 
($ and outstanding shares in thousands - except per share data)  2021   2020 
         
Distributed earnings allocated to common shares  $793   $770 
Undistributed (in excess of) earnings allocated to common shares   2,962    2,881 
           
Net earnings allocated to common shares   3,755    3,651 
Net earnings allocated to participating securities   6    4 
           
Net Income allocated to common shares and participating securities  $3,761   $3,655 
           
Weighted average shares outstanding for basic earnings per share   7,148    7,708 
Dilutive effect of stock compensation   52    
-
 
           
Weighted average shares outstanding for diluted earnings per share   7,200    7,708 
           
Basic earnings per common share  $0.53   $0.47 
           
Diluted earnings per common share  $0.52   $0.47 

 

   Six Months Ended
Jun. 30,		 
($ and outstanding shares in thousands - except per share data)  2021   2020 
         
Distributed earnings allocated to common shares  $1,569   $1,514 
Undistributed earnings allocated to common shares   9,262    2,814 
           
Net earnings allocated to common shares   10,831    4,328 
Net earnings allocated to participating securities   11    8 
           
Net Income allocated to common shares and participating securities  $10,842   $4,336 
           
Weighted average shares outstanding for basic earnings per share   7,232    7,750 
Dilutive effect of stock compensation   24    
-
 
           
Weighted average shares outstanding for diluted earnings per share   7,256    7,750 
           
Basic earnings per common share  $1.50   $0.56 
           
Diluted earnings per common share  $1.49   $0.56