Per Share Information

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Per Share Information

Per Share Information

The following table presents the reconciliation between the calculation of basic EPS and diluted EPS for the three and six months ended June 30, 2022 and 2021:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2022		2021		2022		2021
	(Dollars in thousands, except per share data)
Net income	$	2,931	$	2,991	$	5,413	$	5,867
Weighted average common shares outstanding for basic EPS	4,494,027		4,482,597		4,494,447		4,481,475
Dilutive effect of stock-based awards (1)	19,384		28,572		15,659		24,675
Weighted average common and potential common shares for diluted EPS	4,513,411		4,511,169		4,510,106		4,506,150
Earnings per common share:
Basic EPS	$	0.65	$	0.67	$	1.20	$	1.31
Diluted EPS	$	0.65	$	0.66	$	1.20	$	1.30

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(1)Dilutive effect of stock based awards represents the effect of the assumed exercise of stock options (2021 only) and vesting of restricted stock units. Unvested awards do not have dividend or dividend equivalent rights.