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)
9 Months Ended
Sep. 30, 2024
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
   

Quarter ended

   

Nine months ended

 

(dollars in thousands except per share data)

 

September 30,

   

September 30,

 
   

2024

   

2023

   

2024

   

2023

 

Basic earnings per common share:

                               

Net income as reported

  $ 606     $ 2,191     $ 10,029     $ 6,869  

Weighted average common shares outstanding

    4,260,809       4,251,920       4,259,063       4,281,205  

Basic earnings per common share

  $ 0.14     $ 0.52     $ 2.35     $ 1.60  
                                 

Diluted earnings per common share:

                               

Net income as reported

  $ 606     $ 2,191     $ 10,029     $ 6,869  

Weighted average common shares outstanding

    4,260,809       4,251,920       4,259,063       4,281,205  

Add: Dilutive effect of unvested restricted stock awards

    20,339       9,041       12,601       7,662  

Weighted average common and dilutive potential common shares outstanding

    4,281,148       4,260,961       4,271,664       4,288,867  

Diluted earnings per common share

  $ 0.14     $ 0.51     $ 2.35     $ 1.60