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Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2024
Earnings per share:  
Schedule of Shares Used in Calculation of Basic and Diluted Earnings Per Share

 

   2024   2023   2024   2023 
   Three months ended   Six months ended 
(Dollars in thousands, except per share amounts)  June 30,   June 30, 
   2024   2023   2024   2023 
Net earnings  $3,012   $3,362   $5,790   $6,719 
                     
Weighted average common shares outstanding - basic (1)   5,471,724    5,476,354    5,470,839    5,475,075 
Assumed exercise of stock options (1)   2,612    4,174    3,763    5,673 
Weighted average common shares outstanding - diluted (1)   5,474,336    5,480,528    5,474,602    5,480,748 
Earnings per share (1):                    
Basic  $0.55   $0.61   $1.06   $1.23 
Diluted  $0.55   $0.61   $1.06   $1.23 

 

  (1) Share and per share values for the periods ended June 30, 2023 have been adjusted to give effect to the 5% stock dividend paid during December 2023.