(In Thousands, Except Per Share Data)

Three Months Ended

March 31, 2024

March 31, 2023

Earnings per share

Net income

$

5,359

$

6,466

Less: distributed earnings allocated to participating
   securities

(35

)

(32

)

Less: undistributed earnings allocated to participating
   securities

(26

)

(33

)

Net earnings available to common shareholders

$

5,298

$

6,401

Weighted average common shares outstanding including
   participating securities

13,671,166

13,615,655

Less: average unvested restricted shares

(156,506

)

(136,185

)

Weighted average common shares outstanding

13,514,660

13,479,470

Basic and diluted earnings per share

$

0.39

$

0.47