Summary Of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2021

Summary Of Significant Accounting Policies [Abstract]

Earnings Per Common Share

	Three months ended				Nine months ended
	September 30,				September 30,
	2021		2020		2021		2020
	(unaudited)				(unaudited)
Basic
Net income	$	4,076	$	10,186	$	13,986	$	22,260
Earnings allocated to participating securities (Series C preferred stock) (1)		-		-		-		(2,289)
Net income allocated to common stockholders	$	4,076	$	10,186	$	13,986	$	19,971
Weighted average common shares outstanding including unvested share-based payment awards		6,609,962		6,563,264		6,625,699		5,907,395
Less: Unvested share-based payment awards-2019 Plan		(99,458)		(47,875)		(97,573)		(42,202)
Average shares		6,510,504		6,515,389		6,528,126		5,865,193
Basic earnings per common share	$	0.63	$	1.56	$	2.14	$	3.41
Diluted
Net earnings allocated to common stockholders	$	4,076	$	10,186	$	13,986	$	19,971
Add back: Preferred Dividends on Series B preferred stock and accretion of discount		-		-		-		-
Net earnings allocated to common stockholders	$	4,076	$	10,186	$	13,986	$	19,971
Weighted average common shares outstanding for basic earnings per common share		6,510,504		6,515,389		6,528,126		5,865,193
Add: Dilutive effects of assumed exercises of stock options		47,288		33,732		46,615		28,305
Add: Dilutive effects of unvested share-based payment awards-2019 Plan		99,458		47,875		97,573		42,202
Average shares and dilutive potential common shares		6,657,250		6,596,996		6,672,314		5,935,700
Diluted earnings per common share	$	0.61	$	1.54	$	2.10	$	3.36

⁽¹⁾All 12,607 outstanding shares of Series C preferred stock were converted into a total of 1,260,700 shares of the Company’s Non-Voting Common Stock effective as of the close of business on May 28, 2020.

Anti-Dilutive Common Shares

	Three months ended ‎September 30,		Nine months ended ‎September 30,
	2021	2020	2021	2020
	(unaudited)		(unaudited)
Stock options	-	437	-	442