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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
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- and nine-month periods ended September 30, 2025 and 2024, there were no potential common shares. Basic and diluted net income per common share calculations follow:

 

 

                    
(Dollars in thousands, except
per share data)
  For the three months
ended September 30,
  For the nine months
ended September 30,
   2025  2024  2025  2024
Net income  $2,758   $2,108   $7,198   $5,578 
Weighted average shares outstanding   23,590,909    23,658,248    23,608,168    23,695,385 
Weighted average dilutive shares outstanding   23,590,909    23,658,248    23,608,168    23,695,385 
                     
Basic and diluted earnings per share  $0.12   $0.09   $0.30   $0.24