INCOME PER SHARE

12 Months Ended

Dec. 31, 2024

Income Per Share

INCOME PER SHARE

NOTE 3 INCOME PER SHARE

Basic income per share computations are based on the weighted average number of shares outstanding during each year. Dilutive earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. For the years ended December 31, 2024 and 2023, there were no dilutive potential common shares.

Basic and diluted net income per common share calculations follows:

(Amounts in thousands, except	For the year ended
share and per share data)	December 31,
	2024		2023
Net income	$	8,204	$	7,184
Weighted average shares outstanding		23,682,407		23,804,427
Weighted average dilutive shares outstanding		23,682,407		23,804,427
Basic and diluted income per share	$	0.35	$	0.30