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Earnings Per Common Share (EPS)
12 Months Ended
Dec. 31, 2021
Earnings Per Common Share (EPS) [Abstract]  
Earnings Per Common Share (EPS) Note 13 – Earnings per common share (EPS) Basic EPS excludes dilution and is computed by dividing net income available to common shareholders by the weighted-average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock, or resulted in the issuance of common stock that then shared in the earnings of the entity. ‎ Note 13 – Earnings per common share (EPS) (continued)The basic and diluted earnings per share calculations are as follows: Years ended December 31, 2021 2020Numerator: Net income available to stockholders$ 7,589 $ 4,980 Basic EPS weighted average shares outstanding 4,747,821 4,775,733Effect of dilutive securities: Incremental shares attributable to stock options — — Diluted EPS weighted-average shares outstanding 4,747,821 4,775,733 Basic earnings per common share$ 1.60 $ 1.04Diluted earnings per common share$ 1.60 $ 1.04 In 2021 and 2020, all restricted stock units (RSUs) were excluded from calculating diluted earnings per share as the Company elected to settle units vesting in January 2021 and 2020 wholly in cash. Going forward, management has adopted a cash settlement policy for all currently outstanding RSUs. There were no potentially dilutive shares excluded from the 2020 earnings per share calculation because they were anti-dilutive.