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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2021
Earnings per Share [Abstract]  
Computation of Earnings per Share

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

 
Three months ended
   
Nine months ended
 
   
September 30,
   
September 30,
 
   
2021
   
2020
   
2021
   
2020
 
Net income applicable to common stock
 
$
7,064
   
$
8,007
   
$
22,174
   
$
17,876
 
                                 
Basic earnings per share computation
                               
Weighted average common shares outstanding
   
3,949,508
     
3,956,997
     
3,945,962
     
3,808,264
 
Earnings per share - basic
 
$
1.79
   
$
2.02
   
$
5.62
   
$
4.69
 
                                 
Diluted earnings per share computation
                               
Weighted average common shares outstanding for basic earnings per share
   
3,949,508
     
3,956,997
     
3,945,962
     
3,808,264
 
Add: Dilutive effects of restricted stock
   
95
     
-
     
7
     
2,025
 
Weighted average common shares outstanding for dilutive earnings per share
   
3,949,603
     
3,956,997
     
3,945,969
     
3,810,289
 
Earnings per share - diluted
 
$
1.79
   
$
2.02
   
$
5.62
   
$
4.69