EARNINGS PER SHARE

6 Months Ended

Jun. 30, 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 and six-month periods ended June 30, 2023 and 2022, there were no potential common shares. Basic and diluted net income per common share calculations follows:

(Dollars are in thousands, except share and per share data)	For the three months ended June 30,				For the six months ended June 30,
	2023		2022		2023		2022
Net income	$	1,723	$	1,923	$	3,744	$	3,844
Weighted average shares outstanding		23,817,903		23,915,869		23,829,468		23,918,960
Weighted average dilutive shares outstanding		23,817,903		23,915,869		23,829,468		23,918,960
Basic and diluted earnings per share	$	0.07	$	0.08	$	0.16	$	0.16