XML 37 R27.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Summary Of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2024
Summary Of Significant Accounting Policies [Abstract]  
Earnings Per Common Share

Three months ended

Six months ended

June 30,

June 30,

2024

2023

2024

2023

(unaudited)

(unaudited)

Basic

Net income

$

1,695

$

4,223

$

4,765

$

8,671

Earnings allocated to participating securities

(54)

-  

(121)

-  

Net income allocated to common shareholders

$

1,641

$

4,223

$

4,644

$

8,671

Weighted average common shares outstanding including unvested share-based payment awards

6,374,547

6,550,815

6,396,609

6,543,422

Less: Unvested share-based payment awards-2019 Incentive Plan

(118,090)

(132,510)

(103,431)

(132,798)

Average shares

6,256,457

6,418,305

6,293,178

6,410,624

Basic earnings per common share

$

0.26

$

0.66

$

0.74

$

1.35

Diluted

Net income allocated to common shareholders

$

1,641

$

4,223

$

4,644

$

8,671

Add: Earnings allocated to participating securities

-  

-  

-  

-  

Net income

$

1,641

$

4,223

$

4,644

$

8,671

Weighted average common shares outstanding for basic earnings per common share

6,256,457

6,418,305

6,293,178

6,410,624

Add: Dilutive effects of assumed exercises of stock options

-  

3,663

-  

5,207

Add: Dilutive effects of assumed preferred stock conversion

-  

-  

-  

-  

Add: Dilutive effects of unvested share-based payment awards-2019 Plan

-  

11,655

13,700

15,677

Average shares and dilutive potential common shares

6,256,457

6,433,623

6,306,878

6,431,508

Diluted earnings per common share

$

0.26

$

0.66

$

0.74

$

1.35