SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Bank premises and equipment

Premises and Improvements	10 ‑ 40 years
Furniture and Equipment	5 ‑ 20 years

Earnings per share

	For the year ended
	December 31, 2021		December 31, 2020
Earnings Available to Common Stockholders:
Net Income	$	10,738	$	8,893
Non-controlling interest income		-		105
Preferred stock dividends		196		263
Net Income Available to Common Stockholders	$	10,542	$	8,525

Schedule of reconciliation of net income

	For the year ended
	December 31, 2021							December 31, 2020
	Net Income Available to Common Stockholders		Weighted Average Shares		Per Share Amounts			Net Income Available to Common Stockholders		Weighted Average Shares		Per Share Amounts
Basic EPS	$	10,542		3,245,086	$	3.25		$	8,525		3,199,883	$	2.66
Effect of Dilutive Securities:
Convertible Preferred Stock		196		197,087		(0.13	)		263		228,882		(0.10	)
Diluted EPS	$	10,738		3,442,173	$	3.12		$	8,788		3,428,765	$	2.56