XML 22 R10.htm IDEA: XBRL DOCUMENT

EARNINGS PER COMMON SHARE	9 Months Ended
EARNINGS PER COMMON SHARE	Sep. 30, 2024
Earnings Per Share [Abstract]
EARNINGS PER COMMON SHARE	EARNINGS PER COMMON SHARE (shares in thousands) Basic earnings per share is net income divided by the weighted average number of common shares outstanding during the period. Issuable shares, including those related to directors’ restricted stock shares, are considered outstanding and are included in the computation of basic earnings per share. All outstanding unvested share-based payment awards that contain rights to non-forfeitable dividends are considered participating securities for this calculation. Restricted stock awards are grants of participating securities and are considered outstanding at grant date. Earnings per share information is adjusted to present comparative results for stock splits and stock dividends that occur. Earnings per share were computed by dividing net income by 4,773 and 4,736 weighted average shares outstanding for the three month periods ended September 30, 2024 and 2023, respectively. Earnings per share were computed by dividing net income by 4,769 and 4,729 weighted average shares outstanding for the nine month periods ended September 30, 2024 and 2023, respectively. There were no common stock equivalents during the three and nine month periods ended September 30, 2024 or 2023.