Three Months Ended

Nine Months Ended

September 30

(in thousands, except per share amounts)

2024

2023

2024

2023

BASIC EARNINGS (LOSS) PER SHARE OF COMMON STOCK:

Net income (loss) - basic

$

15,425

$

17,459

$

52,962

$

41,596

Weighted shares outstanding

11,447,114

11,446,000

11,453,413

11,437,000

Basic earnings (loss) per share of common stock

$

1.35

$

1.53

$

4.62

$

3.64

DILUTED EARNINGS (LOSS) PER SHARE OF COMMON STOCK:

Net income (loss) - basic

$

15,425

$

17,459

$

52,962

$

41,596

Weighted shares outstanding - basic

11,447,114

11,446,000

11,453,413

11,437,000

Effect of dilutive securities

148,516

69,000

139,637

58,000

Weighted shares outstanding - diluted

11,595,630

11,515,000

11,593,050

11,495,000

Diluted earnings (loss) per share of common stock

$

1.33

$

1.52

$

4.57

$

3.62