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Earnings per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings per share:  
Schedule of Shares Used in Calculation of Basic and Diluted Earnings Per Share

   

(Dollars in thousands, except per share amounts)            
   Three months ended   Six months ended 
   June 30,   June 30, 
(Dollars in thousands, except per share amounts)  2025   2024   2025   2024 
Net earnings  $4,404   $3,012   $9,105   $5,790 
                     
Weighted average common shares outstanding - basic (1)   5,782,555    5,745,310    5,780,930    5,744,381 
Assumed exercise of stock options (1)   58,368    2,743    46,914    3,951 
Weighted average common shares outstanding - diluted (1)   5,840,923    5,748,053    5,827,844    5,748,332 
Earnings per share (1):                    
Basic   $0.76   $0.52   $1.58   $1.01 
Diluted   $0.75   $0.52   $1.56   $1.01 

 

(1)Share and per share values for the periods ended June 30, 2024 have been adjusted to give effect to the 5% stock dividend paid during December 2024.