Three months ended

Nine months ended

September 30,

2025

2024

2025

2024

(unaudited)

Basic

Net income

$

2,340

$

4,205

$

11,805

$

8,970

Earnings allocated to participating securities

(72

)

(140

)

(364

)

(251

)

Net income allocated to common shareholders

$

2,268

$

4,065

$

11,441

$

8,719

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

6,445,150

6,388,016

6,439,525

6,393,724

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

(152,452

)

(134,300

)

(146,575

)

(113,796

)

Average shares

6,292,698

6,253,716

6,292,950

6,279,928

Basic earnings per common share

$

0.36

$

0.65

$

1.82

$

1.39

Diluted

Net income allocated to common shareholders

$

2,268

$

4,065

$

11,441

$

8,719

Weighted average common shares outstanding
   for basic earnings per common share

6,292,698

6,253,716

6,292,950

6,279,928

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

53,545

40,192

32,650

22,531

Average shares and dilutive potential common
   shares

6,346,243

6,293,908

6,325,600

6,302,459

Diluted earnings per common share

$

0.36

$

0.65

$

1.81

$

1.38