Shareholders' Equity (Tables)

12 Months Ended

Dec. 31, 2022

Shareholders' Equity

Schedule of stockholders equity

	Years Ended December 31, 2021 and 2022
			Accumulated
			Other				Capital in						Total
	Retained		Comprehensive		Common		excess of				Treasury		shareholders'
	Earnings		Income		Stock		par value		ESOT		stock		equity
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
Retirement benefits adjustment		—		1,571		—		—		101		—		1,672
Stock based compensation		—		—		—		56		—		135		191
Net Loss		(2,117)		—		—		—		—		—		(2,117)
December 31, 2022	$	23,741	$	(2,337)	$	523	$	14,556	$	(157)	$	(1,214)	$	35,112

Schedule of earnings per share

	December 31,		December 31,
	2022		2021
	($000's omitted except for per share data)
Net (loss) income	$	(2,117)	$	4,055
Weighted average common shares outstanding (basic)		2,418		2,411
Unvested restricted stock		27		7
Weighted average common shares outstanding (diluted)		2,445		2,418
Basic
Net (loss) income per share	$	(0.88)	$	1.68
Diluted
Net (loss) income per share	$	(0.88)	$	1.68

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, 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
Granted in 2022	32,921	$	11.07
Forfeited in 2022	—		—
Vested in 2022	12,487	$	9.22
Unvested at December 31, 2022	27,010	$	11.09