Three months ended

Nine months ended

September 30,

2025

2024

2025

2024

(In thousands, except share and per share data)

Numerator:

Net income

$

2,544

$

1,183

$

4,170

$

2,712

Denominator:

Weighted average common shares outstanding (basic)

16,519,267

16,519,267

16,519,267

16,897,444

Effect of stock options

101

—

Weighted average common shares outstanding (diluted)

16,519,368

16,519,267

16,519,267

16,897,444

Earnings per common share:

Basic

$

0.15

$

0.07

$

0.25

$

0.16

Diluted

0.15

0.07

0.25

0.16