Earnings Per Common Share

6 Months Ended

Jun. 30, 2023

(Share amounts in thousands)

The following table sets forth the computation of basic and diluted earnings per common share for the periods indicated:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Numerator for basic and diluted earnings per common share:
Net income	$	3,493	$	1,976	$	1,322	$	390


Denominator:
Weighted average shares outstanding	10,807		10,715		10,800		10,700
Denominator for basic earnings per common share	10,807		10,715		10,800		10,700
Effect of dilutive securities:
Stock compensation plans	71		99		66		109
Dilutive potential common shares	71		99		66		109
Denominator for diluted earnings per common share - adjusted weighted average shares outstanding	10,878		10,814		10,866		10,809


Basic earnings per common share	$	0.32	$	0.18	$	0.12	$	0.04


Diluted earnings per common share	$	0.32	$	0.18	$	0.12	$	0.04