Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Earnings Per Share (Tables)

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Note 9 - Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(dollars in thousands except per share data)

 

Quarter Ended March 31,

 
   

2024

   

2023

 

Basic earnings per common share:

               

Net income as reported

  $ 9,279     $ 2,240  

Weighted average common shares outstanding

    4,256,667       4,342,386  

Basic earnings per common share

  $ 2.18     $ 0.52  
                 

Diluted earnings per common share:

               

Net income as reported

  $ 9,279     $ 2,240  

Weighted average common shares outstanding

    4,256,667       4,342,386  

Add: Dilutive effect of unvested restricted stock awards

    14,028       11,487  

Weighted average common and dilutive potential common shares outstanding

    4,270,695       4,353,873  

Diluted earnings per common share

  $ 2.17     $ 0.51