Twelve Months Ended
December 31,

($ and outstanding shares in thousands - except per share data)

2023

2022

Distributed earnings allocated to common shares

$

3,584

$

3,412

Undistributed earnings allocated to common shares

8,482

9,082

Net earnings allocated to common shares

12,066

12,494

Net earnings allocated to participating securities

29

27

Net Income allocated to common shares and participating securities

$

12,095

$

12,521

Weighted average shares outstanding for basic earnings per share

6,829

7,005

Dilutive effect of stock compensation

88

73

Weighted average shares outstanding for diluted earnings per share

6,917

7,078

Basic earnings per common share

$

1.77

$

1.79

Diluted earnings per common share

$

1.75

$

1.77