XML 21 R11.htm IDEA: XBRL DOCUMENT v3.24.3
Earnings Per Common Share (EPS)
 9 Months Ended
Sep. 30, 2024
Earnings Per Common Share (EPS) [Abstract]  
Earnings Per Common Share (EPS) Note 3 – Earnings Per Common Share (EPS)

The following is a summary of the earnings per share calculation for the three and nine months ended September 30, 2024 and 2023 (dollars in thousands except per share data):

Three Months Ended

Nine Months Ended

September 30,

September 30,

2024

2023

2024

2023

Net income

$            1,990

$            2,078

$            6,326

$            6,596

Weighted average number of shares outstanding - basic and diluted

4,543,338

4,543,338

4,543,338

4,568,789

Earnings per common share - basic and diluted

$              0.44

$              0.46

$              1.39

$              1.44

There were no potentially dilutive shares outstanding in 2024 and 2023. Consequently, the weighted average shares and weighted average diluted shares were identical.


‎