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Basis of Presentation (Tables)
9 Months Ended
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Weighted average shares outstanding

 

 

5,874,769

 

 

 

5,839,658

 

 

 

5,858,812

 

 

 

6,016,770

 

Weighted average director stock equivalent shares

 

 

109,793

 

 

 

111,608

 

 

 

113,142

 

 

 

114,853

 

Basic shares

 

 

5,984,562

 

 

 

5,951,266

 

 

 

5,971,954

 

 

 

6,131,623

 

Dilutive shares

 

 

419,650

 

 

 

419,650

 

 

 

419,650

 

 

 

419,650

 

Diluted shares

 

 

6,404,212

 

 

 

6,370,916

 

 

 

6,391,604

 

 

 

6,551,273

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(Dollars in Thousands, Except Per Share Data)

 

Net income

 

$

2,113

 

 

$

1,860

 

 

$

6,208

 

 

$

4,636

 

Basic net income per share

 

$

0.35

 

 

$

0.31

 

 

$

1.04

 

 

$

0.76

 

Diluted net income per share

 

$

0.33

 

 

$

0.29

 

 

$

0.97

 

 

$

0.71