Quarterly report [Sections 13 or 15(d)]

Note 9 - Earnings Per Share (Tables)

v3.25.1
Note 9 - Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

(dollars in thousands except per share data)

 

Quarter Ended March 31,

 
   

2025

   

2024

 

Basic earnings per common share:

               

Net income as reported

  $ 455     $ 9,279  

Weighted average common shares outstanding

    4,266,976       4,256,667  

Basic earnings per common share

  $ 0.11     $ 2.18  
                 

Diluted earnings per common share:

               

Net income as reported

  $ 455     $ 9,279  

Weighted average common shares outstanding

    4,266,976       4,256,667  

Add: Dilutive effect of unvested restricted stock awards

    17,520       14,028  

Weighted average common and dilutive potential common shares outstanding

    4,284,496       4,270,695  

Diluted earnings per common share

  $ 0.11     $ 2.17