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Nature of Operations (Tables)
9 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
Schedule of Calculations for Basic and Diluted Earnings Per Common Share Presented below are the calculations for basic and diluted earnings per common share.

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

(Dollars in thousands except per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

1,730

 

 

$

1,623

 

 

$

4,096

 

 

$

4,935

 

Weighted average common shares outstanding

 

6,412,511

 

 

 

6,417,754

 

 

 

6,415,246

 

 

 

6,500,562

 

Effect of dilutive common stock awards

 

198,957

 

 

 

75,360

 

 

 

139,850

 

 

 

75,361

 

Diluted weighted average common shares outstanding

 

6,611,468

 

 

 

6,493,114

 

 

 

6,555,096

 

 

 

6,575,923

 

Basic earnings per common share

$

0.27

 

 

$

0.25

 

 

$

0.64

 

 

$

0.76

 

Diluted earnings per common share

 

0.26

 

 

$

0.25

 

 

 

0.62

 

 

 

0.75