Three months ended

Six months ended

June 30,

2025

2024

2025

2024

(unaudited)

Basic

Net income

$

5,035

$

1,695

$

9,465

$

4,765

Earnings allocated to participating securities

(155

)

(54

)

(292

)

(121

)

Net income allocated to common shareholders

$

4,880

$

1,641

$

9,173

$

4,644

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

6,466,518

6,374,547

6,436,666

6,396,609

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

(166,091

)

(118,090

)

(143,588

)

(103,431

)

Average shares

6,300,427

6,256,457

6,293,078

6,293,178

Basic earnings per common share

$

0.77

$

0.26

$

1.46

$

0.74

Diluted

Net income allocated to common shareholders

$

4,880

$

1,641

$

9,173

$

4,644

Weighted average common shares outstanding
   for basic earnings per common share

6,300,427

6,256,457

6,293,078

6,293,178

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

44,406

—

22,203

13,700

Average shares and dilutive potential common
   shares

6,344,833

6,256,457

6,315,281

6,306,878

Diluted earnings per common share

$

0.77

$

0.26

$

1.45

$

0.74