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Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted The following table reflects the weighted average shares used to calculate basic and diluted net income per share for the periods presented.

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2023

 

 

2022

 

Weighted average shares outstanding

 

 

5,839,562

 

 

 

6,157,598

 

Weighted average director deferred shares

 

 

114,783

 

 

 

118,186

 

Basic shares

 

 

5,954,345

 

 

 

6,275,784

 

Dilutive shares

 

 

419,650

 

 

 

420,250

 

Diluted shares

 

 

6,373,995

 

 

 

6,696,034

 

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2023

 

 

2022

 

 

 

(Dollars in Thousands, Except Per Share Data)

 

Net income

 

$

2,072

 

 

$

1,361

 

Basic net income per share

 

$

0.35

 

 

$

0.22

 

Diluted net income per share

 

$

0.33

 

 

$

0.20