XML 21 R10.htm IDEA: XBRL DOCUMENT
v3.25.1

Earnings Per Share | 3 Months Ended
--- | ---
Mar. 31, 2025
Earnings Per Share [Abstract] |
EARNINGS PER SHARE | NOTE 2 - EARNINGS PER SHARE Earnings per share (“EPS”) have been computed based on the weighted average number of common shares outstanding during the periods presented. The average number of common shares used in the computation of basic and diluted earnings per share are set forth in the table below. There were no anti-dilutive shares in 2025 or 2024. Participating securities in the table reflect nonvested restricted shares that participate in dividends declared and paid by the Company on its common shares prior to vesting of the restricted shares.
|  | Three Months Ended March 31, |
($ and outstanding shares in thousands - except per share data) |  | 2025 |  |  | 2024 |
Distributed earnings allocated to common shares |  | $ | 947 |  |  | $ | 917 |
Undistributed earnings allocated to common shares |  |  | 1,204 |  |  |  | 1,443 |
Net earnings allocated to common shares |  |  | 2,151 |  |  |  | 2,360 |
Net earnings allocated to participating securities |  |  | 7 |  |  |  | 8 |
Net Income allocated to common shares and participating securities |  | $ | 2,158 |  |  | $ | 2,368 |
Weighted average shares outstanding for basic earnings per share |  |  | 6,481 |  |  |  | 6,715 |
Dilutive effect of stock compensation |  |  | 21 |  |  |  | 8 |
Weighted average shares outstanding for diluted earnings per share |  |  | 6,502 |  |  |  | 6,723 |
Basic earnings per common share |  | $ | 0.33 |  |  | $ | 0.35 |
Diluted earnings per common share |  | $ | 0.33 |  |  | $ | 0.35 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration