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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of earnings per share
   Three Months Ended Sep. 30, 
($ and outstanding shares in thousands - except per share data)  2021   2020 
Distributed earnings allocated to common shares  $771   $764 
Undistributed (in excess of) earnings allocated to common shares   3,327    4,482 
           
Net earnings allocated to common shares   4,098    5,246 
Net earnings allocated to participating securities   5    4 
           
Net Income allocated to common shares and participating securities  $4,103   $5,250 
           
Weighted average shares outstanding for basic earnings per share   6,966    7,607 
Dilutive effect of stock compensation   51    
-
 
           
Weighted average shares outstanding for diluted earnings per share   7,017    7,607 
           
Basic earnings per common share  $0.59   $0.69 
           
Diluted earnings per common share  $0.58   $0.69 

 

   Nine Months Ended Sep. 30, 
($ and outstanding shares in thousands - except per share data)  2021   2020 
Distributed earnings allocated to common shares  $2,340   $2,278 
Undistributed earnings allocated to common shares   12,589    7,296 
           
Net earnings allocated to common shares   14,929    9,574 
Net earnings allocated to participating securities   16    12 
           
Net Income allocated to common shares and participating securities  $14,945   $9,586 
           
Weighted average shares outstanding for basic earnings per share   7,142    7,700 
Dilutive effect of stock compensation   25    
-
 
           
Weighted average shares outstanding for diluted earnings per share   7,167    7,700 
           
Basic earnings per common share  $2.09   $1.25 
           
Diluted earnings per common share  $2.08   $1.25