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Earnings Per Common Share (EPS) | 3 Months Ended
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Mar. 31, 2025
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 months ended March 31, 2025 and 2024 (dollars in thousands except per share data):
| Three Months Ended
| March 31,
| 2025 |  | 2024
Net income | $ 842 |  | $ 2,187
Weighted average number of shares outstanding - basic and diluted | 4,543,338 |  | 4,543,338
Earnings per common share - basic and diluted | $ 0.19 |  | $ 0.48
There were no potentially dilutive shares outstanding as of March 31, 2025 and 2024. Consequently, the weighted average shares and weighted average diluted shares were identical.

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