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Earnings Per Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share  
Earnings Per Share

3.     Earnings Per Share

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

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For the three months ended

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For the six months ended

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June 30, 

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June 30, 

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2024

    

2023

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2024

    

2023

    

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(In thousands, except per share data)

Net income, as reported

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$

5,322

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$

8,686

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$

9,006

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$

12,730

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Divided by:

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Total weighted average common shares outstanding and common stock equivalents

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29,789

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30,090

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29,766

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30,177

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Basic earnings per common share

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$

0.18

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$

0.29

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$

0.30

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$

0.42

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Diluted earnings per common share

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$

0.18

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$

0.29

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$

0.30

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$

0.42

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Dividend Payout ratio

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122.2

%  

 

75.9

%  

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146.7

%  

 

104.8

%  

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