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Basic and Diluted Earnings Per Share
 9 Months Ended
Sep. 30, 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 respective period.
 
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 September 30, 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 September 30,
Nine months ended September 30,
 
(Dollars in thousands, except share and per share data)
2024
2023
2024
2023
Basic and diluted:
Net earnings
$
1,732
$
1,488
$
4,837
$
5,380
Weighted average
 
common shares outstanding
3,493,699
3,496,411
3,493,687
3,499,518
Net earnings per share
$
0.50
$
0.43
$
1.38
$
1.54