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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings per Share [Abstract]  
Computation of Earnings per Share

The following table sets forth the computation of earnings per share.

 
Three months ended
 
   
March 31,
 
   
2021
   
2020
 
Net income applicable to common stock
 
$
8,463
   
$
4,531
 
                 
Basic earnings per share computation
               
Weighted average common shares outstanding
   
3,909,887
     
3,553,818
 
Earnings per share - basic
 
$
2.16
   
$
1.27
 
                 
Diluted earnings per share computation
               
Weighted average common shares outstanding for basic earnings per share
   
3,909,887
     
3,553,818
 
Add: Dilutive effects of restricted stock
   
-
     
-
 
Weighted average common shares outstanding for dilutive earnings per share
   
3,909,887
     
3,553,818
 
Earnings per share - diluted
 
$
2.16
   
$
1.27