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Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earning Per Common Share

The following reconciles the numerator and denominator of the basic and diluted earnings per common share computation:

 

(In thousands except average market price and per share data)

Earnings Per Common Share
                 
   Nine months   Three months 
   Ended September 30,   Ended September 30, 
   2022   2021   2022   2021 
                 
Numerator (Net income available to common shareholders)  $10,570   $11,546   $3,951   $4,748 
Denominator                    
Weighted average common shares outstanding for:                    
Basic shares   7,524    7,487    7,531    7,499 
Dilutive securities:                    
Deferred compensation   29    28    24    31 
Restricted stock – Treasury stock method   53    25    53    26 
Diluted shares   7,606    7,540    7,608    7,556 
Earnings per common share:                    
Basic   1.40    1.54    0.52    0.63 
Diluted   1.39    1.53    0.52    0.63 
The average market price used in calculating assumed number of shares  $19.53   $19.37   $18.11   $20.20 
Schedule of stock unit reclassified

The table below shows the balance as of June 30, 2022 for each type of stock unit reclassified.

 

 

Earnings Per Common Share (Details 2)
(Dollars in thousands)    
Type of stock unit  Balance 
Nonemployee Director deferred compensation stock units   1,201 
Time-Based Restricted Stock Units   79 
Performance-Based Restricted Stock Units   138 
Total stock units reclassified   1,418