Three months ended
September 30,

Nine months ended
September 30,

(dollars in thousands, except share data)

2024

2023

2024

2023

Numerator:

Net income available to common shareholders

$

4,382

4,098

$

9,903

9,259

Denominator:

Weighted-average common shares outstanding – basic

8,064,283

8,052,926

8,100,003

8,043,410

Common stock equivalents

24,893

19,482

23,843

34,420

Weighted-average common shares outstanding – diluted

8,089,176

8,072,408

8,123,846

8,077,830

Earnings per common share:

Basic

$

0.54

0.51

$

1.22

1.15

Diluted

0.54

0.51

1.22

1.15