Quarterly report pursuant to Section 13 or 15(d)

Note 11 - Earnings Per Share (Tables)

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Note 11 - Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2023
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(dollars in thousands except per share data)

 

Three months ended June 30,

   

June 30,

 
   

2023

   

2022

   

2023

   

2022

 

Basic earnings per common share:

                               

Net income as reported

  $ 2,438     $ 4,431     $ 4,678     $ 6,566  

Weighted average common shares outstanding

    4,250,304       4,242,559       4,248,522       4,108,579  

Basic earnings per common share

  $ 0.57     $ 1.04     $ 1.10     $ 1.60  
                                 

Diluted earnings per common share:

                               

Net income as reported

  $ 2,438     $ 4,431     $ 4,678     $ 6,566  

Weighted average common shares outstanding

    4,250,304       4,242,559       4,248,522       4,108,579  

Add: Dilutive effect of unvested restricted stock awards

    8,307       15,944       10,448       16,316  

Weighted average common and dilutive potential common shares outstanding

    4,258,611       4,258,503       4,258,970       4,124,895  

Diluted earnings per common share

  $ 0.57     $ 1.04     $ 1.10     $ 1.59