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Basic and Diluted Earnings Per Share
3 Months Ended
Mar. 31, 2025
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, 2025 and 2024, 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, 2025 and 2024, 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)
2025
2024
Basic and diluted:
Net earnings
$
1,530
$
1,371
Weighted average
 
common shares outstanding
3,493,699
3,493,663
Net earnings per share
$
0.44
$
0.39