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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2023
Earnings per share  
EARNINGS PER SHARE

NOTE 3 EARNINGS PER SHARE

 

Basic earnings per share computations are based on the weighted average number of shares outstanding during each period. Diluted earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. For the three-month period ended March 31, 2023 and 2022, there were no potential common shares. Basic and diluted net income per common share calculations follows:

 

          
(Dollars in Thousands, Except
Share and Per Share Data)
  For the Three Months
Ended March 31,
   2023  2022
Net income  $2,021   $1,921 
Weighted average shares outstanding   23,841,162    23,922,086 
Weighted average dilutive shares outstanding   23,841,162    23,922,086 
Basic and diluted earnings per share  $0.08   $0.08