XML 29 R19.htm IDEA: XBRL DOCUMENT v3.23.3
Note 10 - Earnings Per Share
 9 Months Ended
Sep. 30, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 10: Earnings Per Share

 

The factors used in the earnings per share computation for the periods indicated are presented below:

 

  

For the Three Months Ended September 30,

 
  

2023

  

2022

 

$ in thousands, except per share amounts

 

Net Income

(Numerator)

  

Common

Shares1

(Denominator)

 

Per

Share

  

Net Income

(Numerator)

  

Common

Shares1

(Denominator)

 

Per

Share

 

Basic earnings per share

 $3,074   5,889,687  $0.52  $6,162   5,974,961  $1.03 

Dilutive shares for restricted stock awards:

      252           -     

Diluted earnings per share

 $3,074   5,889,939  $0.52  $6,162   5,974,961  $1.03 

 

  

For the Nine Months Ended September 30,

 
  

2023

  

2022

 

$ in thousands, except per share amounts

 

Net Income

(Numerator)

  

Common

Shares1

(Denominator)

 

Per

Share

  

Net Income

(Numerator)

  

Common

Shares1

(Denominator)

 

Per

Share

 

Basic earnings per share

 $11,506   5,889,687  $1.95  $16,622   6,008,607  $2.77 

Dilutive shares for restricted stock awards:

      91           -     

Diluted earnings per share

 $11,506   5,889,778  $1.95  $16,622   6,008,607  $2.77 

 

 

(1)

Weighted average outstanding

 

RSA grants are disregarded in the computation of diluted earnings per share if they are determined to be anti-dilutive. There were no anti-dilutive RSAs for the three or nine month periods ended September 30, 2023.