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Earnings per Share (Tables) | 3 Months Ended
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Mar. 31, 2025
Earnings per share: |
Schedule of Shares Used in Calculation of Basic and Diluted Earnings Per Share | Schedule of Shares Used in Calculation of Basic and Diluted Earnings Per Share
|  | 2025 |  |  | 2024 |
|  | Three months ended |
(Dollars in thousands, except per share amounts) |  | March 31, |
|  | 2025 |  |  | 2024 |
Net earnings |  | $ | 4,701 |  |  | $ | 2,778 |
Weighted average common shares outstanding - basic (1) |  |  | 5,777,593 |  |  |  | 5,743,452 |
Assumed exercise of stock options (1) |  |  | 37,057 |  |  |  | 5,143 |
Weighted average common shares outstanding - diluted (1) |  |  | 5,814,650 |  |  |  | 5,748,595 |
Earnings per share (1): |  |  |  |  |  |  |  |
Basic (1) |  | $ | 0.81 |  |  | $ | 0.48 |
Diluted(1) |  | $ | 0.81 |  |  | $ | 0.48 |
| (1) | Share and per share values for the periods ended March 31, 2024 have been adjusted to give effect to the 5% stock dividend paid during December 2024.

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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 + Details
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