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Basic and Diluted Earnings Per Share
 3 Months Ended
Mar. 31, 2024
Basic and Diluted Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share Text Block
NOTE 2: BASIC AND DILUTED NET EARNINGS PER SHARE
Basic net earnings per share is computed by dividing net earnings by the weighted average
 
common shares outstanding for
the quarters ended March 31, 2024 and 2023, respectively.
 
Diluted net earnings per share reflect the potential dilution that
could occur upon exercise of securities or other rights for,
 
or convertible into, shares of the Company’s common
 
stock.
 
At
March 31, 2024 and 2023, respectively,
 
the Company had no such securities or rights issued or outstanding, and
 
therefore,
no dilutive effect to consider for the diluted net earnings per share calculation.
The basic and diluted net earnings per share computations for the respective periods
 
are presented below
 
 
 
 
 
 
 
Quarter ended March 31,
(Dollars in thousands, except share and per share data)
2024
2023
Basic and diluted:
Net earnings
$
1,371
$
1,964
Weighted average common
 
shares outstanding
3,493,663
3,502,143
Net earnings per share
$
0.39
$
0.56