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Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings per share:

Schedule of Earnings Per Share, Basic and Diluted

 Schedule of Earnings Per Share, Basic and Diluted

		2024				2023
		Three months ended
(Dollars in thousands, except per share amounts)		March 31,
		2024				2023
Net earnings		$	2,778			$	3,357
Weighted average common shares outstanding - basic (1)			5,469,954				5,473,781
Assumed exercise of stock options (1)			4,898				7,941
Weighted average common shares outstanding - diluted (1)			5,474,852				5,481,722
Earnings per share (1):
Basic	(1)	$	0.51			$	0.61
Diluted	(1)	$	0.51			$	0.61

(1) Share and per share values for the periods ended March 31, 2023 have been adjusted to give effect to the 5% stock dividend paid during December 2023.

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- References

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

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