Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

Shareholders' Equity

Schedule of stockholders equity

	Years Ended December 31, 2020 and 2021
			Accumulated
			Other				Capital in						Total
	Retained		Comprehensive		Common		excess of				Treasury		shareholders'
	Earnings		Income		Stock		par value		ESOT		stock		equity
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, as restated	$	21,803	$	(1,356)	$	523	$	14,481	$	(359)	$	(1,355)	$	33,737
Retirement benefits adjustment		—		(2,552)		—		—		101		—		(2,451)
Stock based compensation		—		—		—		19		—		87		106
Purchase of treasury shares		—		—		—		—		—		(81)		(81)
Net Income		4,055		—		—		—		—		—		4,055
December 31, 2021	$	25,858	$	(3,908)	$	523	$	14,500	$	(258)	$	(1,349)	$	35,366

Schedule of earnings per share

	December 31,		December 31,
	2021		2020
	($000's omitted except for per share data)
Net Income	$	4,055	$	100
Weighted average common shares outstanding (basic)		2,411		2,366
Unvested restricted stock		7		31
Weighted average common shares outstanding (diluted)		2,418		2,397
Basic
Net income per share	$	1.68	$	0.04
Diluted
Net income per share	$	1.68	$	0.04

Schedule of summary of the status of restricted share awards granted

		Weighted Average Grant
	Shares	Date Fair Value
Restricted Share Activity:
Unvested at December 31, 2019	54,416	$	9.58
Granted in 2020	11,328	$	8.83
Forfeited in 2020	—		—
Vested in 2020	34,830	$	9.11
Unvested at December 31, 2020	30,914	$	9.24
Granted in 2021	13,160	$	7.60
Forfeited in 2021	—		—
Vested in 2021	37,498	$	8.95
Unvested at December 31, 2021	6,576	$	7.60