Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule of Earnings Per Common Share

The computations of basic and diluted earnings per common share for the Company were as follows:

	Years Ended
	December 31,
(in thousands, except share amounts)	2021		2020
Numerator:
Net income - basic	$	32,952	$	28,145
Net income - diluted	$	32,952	$	28,145
Denominator:
Weighted average shares outstanding - basic	7,281,136		7,322,158
Plus: Effect of Director Compensation Program	923		1,259
Plus: Effect of stock options and restricted stock	17,661		21,628
Weighted average shares outstanding - diluted	7,299,720		7,345,045
Earnings per common share:
Basic	$	4.53	$	3.84
Diluted	$	4.51	$	3.83