Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Schedule Of Earnings Per Share Basic And Diluted

The following table presents a reconciliation of net income available to common shareholders and the number of shares used in the calculation of basic and diluted earnings per common share shown on the consolidated statements of income.

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Net income available to common shareholders	$	2,385,244	$	4,133,696	$	11,069,753	$	9,580,308
Weighted-average shares outstanding for basic earnings per common share		8,099,878		6,237,043		6,913,524		6,228,731
Dilutive effect of stock compensation		348,234		96,017		209,122		99,427
Weighted-average shares outstanding for diluted earnings per common share		8,448,112		6,333,060		7,122,646		6,328,158