Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share

Summary of reconciliation of earnings per share calculations

	Three months ended June 30,				Six months ended June 30,
	2022		2021		2022		2021
Income applicable to common shares	$	664,873	$	115,510	$	1,049,274	$	762,057
Weighted average common shares outstanding - basic		4,514,492		4,497,903		4,512,396		4,488,913
Effect of dilution		27,327		28,159		27,592		27,565
Weighted average shares outstanding - diluted		4,541,819		4,526,062		4,539,988		4,516,478