Twelve Months Ended
Dec. 31,

($ and outstanding shares in thousands - except per share data)

2021

2020

Distributed earnings allocated to common shares

$

3,139

$

3,070

Undistributed earnings allocated to common shares

15,117

11,858

Net earnings allocated to common shares

18,256

14,928

Net earnings allocated to participating securities

21

16

Net Income allocated to common shares and participating securities

$

18,277

$

14,944

Weighted average shares outstanding for basic earnings per share

7,083

7,613

Dilutive effect of stock compensation

47

22

Weighted average shares outstanding for diluted earnings per share

7,130

7,635

Basic earnings per common share

$

2.58

$

1.96

Diluted earnings per common share

$

2.56

$

1.96