Earnings Per Share

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Earnings Per Share

3.     Earnings Per Share

Earnings per common share have been computed based on the following:

		For the three months ended
		March 31,
		2024			2023
	(In thousands, except per share data)
Net income, as reported		$	3,684		$	4,044
Divided by:
Total weighted average common shares outstanding and common stock equivalents			29,742			30,265
Basic earnings per common share		$	0.12		$	0.13
Diluted earnings per common share		$	0.12		$	0.13
Dividend Payout ratio			183.3	%		169.2	%