XML 29 R19.htm IDEA: XBRL DOCUMENT
v3.22.1

Earnings Per Common Share | 12 Months Ended
--- | ---
Dec. 31, 2021
Earnings Per Common Share [Abstract] |
Earnings Per Common Share |
Note 12. | Earnings Per Common Share
Basic earnings per share was computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding during the period. The computation of diluted earnings per share reflected the effect of potentially dilutive securities. A reconciliation of the numerator and denominator of the income per common share calculations is as follows:
|  | For the Year Ended December 31, 2021 |
|  | Income |  |  | Weighted Average Shares Outstanding (In thousands) |  |  | Per Share Amount |
Basic and Diluted Earnings Per Common Share |  |  |  |  |  |  |  |  |
Net income before preferred stock dividends |  | $ | 4,281 |  |  |  | 20,402 |  |  |  | - |
Less preferred stock dividends |  |  | (399 | ) |  |  | — |  |  |  |  |
Net income applicable to common shareholders |  | $ | 3,882 |  |  |  | 20,402 |  |  | $ | 0.19 |
|  | For the Year Ended December 31, 2020 |
|  | Income |  |  | Weighted Average Shares Outstanding (In thousands) |  |  | Per Share Amount |
Basic Earnings Per Common Share |  |  |  |  |  |  |  |  |
Net income before preferred stock dividends |  | $ | 12,169 |  |  |  | 20,441 |  |  |  | - |
Less preferred stock dividends |  |  | (399 | ) |  |  | — |  |  |  |  |
Net income applicable to common shareholders |  |  | 11,770 |  |  |  | 20,441 |  |  |  | 0.58 |
Diluted Earnings Per Common Share |  |  |  |  |  |  |  |  |  |  |  |
Effect of Series D preferred stock |  |  | 399 |  |  |  | 1,378 |  |  |  |  |
Net income applicable to common shareholders |  | $ | 12,169 |  |  |  | 21,819 |  |  | $ | 0.56 |
The assumed conversion of the Company’s Series D Preferred Stock was excluded from the earnings per common share calculation for 2021 since its impact would have been antidilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration