Year ended December 31,

(Dollars in thousands, except per share data)

2021

2020

Weighted average number of common shares outstanding used in basic earnings per common share calculation

4,471,363

4,623,237

Net dilutive effect of:

Options

16,361

10,148

Restricted stock awards

16,214

14,263

Weighted average number of common shares outstanding adjusted for effect of dilutive securities

4,503,938

4,647,648

Net income available to common shareholders

$

13,564

10,302

Basic earnings per common share

3.03

2.23

Diluted earnings per common share

3.01

2.22