Earnings per common share (Tables)

9 Months Ended

Sep. 30, 2024

Earnings per common share

Schedule of basic and diluted earnings per common share

The following table presents the basic and diluted earnings per common share computation (dollars in thousands, except per share data):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
Numerator
Net income (loss) - basic and diluted	$	2,106	$	(2,553)	$	5,531	$	226
Denominator
Weighted average shares outstanding - basic		1,495		1,485		1,495		1,485
Dilutive effect of common stock options		—		—		—		—
Weighted average shares outstanding - diluted		1,495		1,485		1,495		1,485
Earnings (loss) per share - basic	$	1.41	$	(1.72)	$	3.70	$	0.15
Earnings (loss) per share - diluted	$	1.41	$	(1.72)	$	3.70	$	0.15