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Note 9 - Earnings Per Share | 3 Months Ended
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Mar. 31, 2025
Notes to Financial Statements |
Earnings Per Share [Text Block] | Note 9 - Earnings per Share Earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding. A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the quarters ended March 31, 2025 and 2024, are as follows:
(dollars in thousands except per share data) |  | Quarter Ended March 31, |
|  | 2025 |  |  | 2024 |
Basic earnings per common share: |  |  |  |  |  |  |  |
Net income as reported |  | $ | 455 |  |  | $ | 9,279 |
Weighted average common shares outstanding |  |  | 4,266,976 |  |  |  | 4,256,667 |
Basic earnings per common share |  | $ | 0.11 |  |  | $ | 2.18 |
Diluted earnings per common share: |  |  |  |  |  |  |  |
Net income as reported |  | $ | 455 |  |  | $ | 9,279 |
Weighted average common shares outstanding |  |  | 4,266,976 |  |  |  | 4,256,667 |
Add: Dilutive effect of unvested restricted stock awards |  |  | 17,520 |  |  |  | 14,028 |
Weighted average common and dilutive potential common shares outstanding |  |  | 4,284,496 |  |  |  | 4,270,695 |
Diluted earnings per common share |  | $ | 0.11 |  |  | $ | 2.17 |

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