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Earnings Per Share | 3 Months Ended
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Mar. 31, 2024
Financial Instruments |
Earnings Per Share | NOTE 4 – EARNINGS PER SHARE Earnings per share are based on the weighted average number of shares outstanding during the period. A computation of basic earnings per share and diluted earnings per share follows:
| Three Months Ended |
(Dollars in thousands, except share data) | March 31, |
| 2024 |  |  | 2023 |
Basic |  |  |  |  |
Net income | $ | 5,634 |  |  | $ | 5,633 |
Weighted average common shares outstanding |  | 7,552,680 |  |  |  | 7,519,282 |
Basic earnings per common shares | $ | 0.75 |  |  | $ | 0.75 |
Diluted |  |  |  |  |
Net income | $ | 5,634 |  |  | $ | 5,633 |
Weighted average common shares outstanding |  | 7,552,680 |  |  |  | 7,519,282 |
Plus dilutive stock options and restricted stock units |  | 47,336 |  |  |  | 33,047 |
Weighted average common shares outstanding and potentially dilutive shares |  | 7,600,016 |  |  |  | 7,552,329 |
Diluted earnings per common share | $ | 0.74 |  |  | $ | 0.75 |
There were 4,500 stock options that were considered anti-dilutive to earnings per share for the three months ended March 31 2024. There were no stock options that were considered anti-dilutive to earnings per share for the three months ended March 31, 2023.

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