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Earnings per Share (Tables)
 9 Months Ended
Sep. 30, 2022
Earnings per share:  
Schedule of Earnings Per Share, Basic and Diluted

 

share amounts)  2022   2021   2022   2021 
   Three months ended   Nine months ended 
(Dollars in thousands, except per  September 30,   September 30, 
share amounts)  2022   2021   2022   2021 
Net earnings  $2,500   $4,517   $8,666   $14,864 
                     
Weighted average common shares outstanding - basic (1)  4,979,305    4,996,419    4,988,327    4,993,808 
Assumed exercise of stock options (1)  13,145    14,554    14,831    9,807 
Weighted average common shares outstanding - diluted (1)  4,992,450    5,010,973    5,003,158    5,003,615 
Earnings per share (1):                    
Basic(1)  $0.50   $0.90   $1.74   $2.98 
Diluted(1)  $0.50   $0.90   $1.73   $2.97 

 

(1)Share and per share values for the periods ended September 30, 2021 have been adjusted to give effect to the 5% stock dividend paid during December 2021.