For the Three Months Ended June 30,

For the Six Months Ended June 30,

2024

2023

2024

2023

Net income

$

591,530

$

578,070

$

857,680

$

1,570,611

Earnings and dividends allocated to participating securities

(12,302

)

(6,983

)

(18,036

)

(12,258

)

Net income attributable to common stockholders

$

579,228

$

571,087

$

839,644

$

1,558,353

Weighted average common shares outstanding:

Average number of common shares outstanding - basic

11,087,539

11,041,503

11,080,489

11,037,868

Net effect of dilutive unvested restricted stock awards included for treasury stock method

47,355

41,755

40,807

43,931

Average number of common shares outstanding - diluted

11,134,894

11,083,258

11,121,296

11,081,799

Earnings per common share

Basic

$

0.05

$

0.05

$

0.08

$

0.14

Diluted

$

0.05

$

0.05

$

0.08

$

0.14