Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2020

Shareholders' Equity

Schedule of stockholders equity

	Years Ended December 31, 2019 and 2020
			Accumulated
			Other				Capital in						Total
	Retained		Comprehensive		Common		excess of				Treasury		shareholders'
	Earnings		Income		Stock		par value		ESOT		stock		equity
December 31, 2018	$	19,669	$	(846)	$	523	$	14,250	$	(561)	$	(1,522)	$	31,513
Dividends declared ($0.16 per share)		(413)		—		—		—		—		—		(413)
Retirement benefits adjustment		—		(275)		—		—		101		—		(174)
Stock based compensation		—		—		—		108		—		208		316
Purchase of treasury shares		—		—		—		—		—		(157)		(157)
Net Income		2,447		—		—		—		—		—		2,447
December 31, 2019	$	21,703	$	(1,121)	$	523	$	14,358	$	(460)	$	(1,471)	$	33,532
Retirement benefits adjustment		—		(235)		—		—		101		—		(134)
Stock based compensation		—		—		—		123		—		216		339
Purchase of treasury shares		—		—		—		—		—		(100)		(100)
Net Income		100		—		—		—		—		—		100
December 31, 2020	$	21,803	$	(1,356)	$	523	$	14,481	$	(359)	$	(1,355)	$	33,737

Schedule of summary of the status of restricted share awards granted

		Weighted Average Grant Date
	Shares	Fair Value
Restricted Share Activity:
Unvested at December 31, 2018	80,894	$	9.33
Granted in 2019	7,836	$	12.77
Forfeited in 2019	2,000	$	9.33
Vested in 2019	32,314	$	9.75
Unvested at December 31, 2019	54,416	$	9.58
Granted in 2020	11,328	$	8.83
Vested in 2020	34,830	$	9.11
Unvested at December 31, 2020	30,914	$	9.24

Schedule of earnings per share

	December 31,		December 31,
	2020		2019
	($000's omitted except for per share data)
Net Income	$	100	$	2,447
Weighted average common shares outstanding (basic)		2,366		2,330
Unvested restricted stock		31		56
Weighted average common shares outstanding (diluted)		2,397		2,386
Basic
Net income per share	$	0.04	$	1.05
Diluted
Net income per share	$	0.04	$	1.03