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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2025
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   $0.81   $0.48 
Diluted  $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.