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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share  
Schedule of information used to compute basic and diluted earnings per share

 

 

For the Year Ended December 31,

 

(Dollars in thousands, except per share data)

 

2023

    

2022

 

Net income

$

5,027

$

16,156

Income allocated to participating securities

(48)

(98)

Net income available to common shareholders

$

4,979

$

16,058

Weighted-average number of shares used in:

Basic earnings per share

 

8,636,495

 

8,865,946

Dilutive common stock equivalents:

Stock options and restricted stock units

 

47,597

 

54,768

Diluted earnings per share

 

8,684,092

 

8,920,714

Net income per common share, basic

$

0.58

$

1.81

Net income per common share, diluted

$

0.57

$

1.80