Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share

Schedule of information used to compute basic and diluted earnings per share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(Dollars in thousands, except per share data)	2024		2023		2024		2023
Net (loss) income	$	(775)	$	1,497	$	(1,257)	$	3,813
Income allocated to participating securities		—		(9)		—		(28)
Net (loss) income available to common shareholders	$	(775)	$	1,488	$	(1,257)	$	3,785
Weighted-average number of shares used in:
Basic earnings per share		8,605,801		8,620,643		8,596,969		8,697,213
Dilutive common stock equivalents:
Stock options and restricted stock units		—		38,284		—		43,486
Diluted earnings per share		8,605,801		8,658,927		8,596,969		8,740,699
Net (loss) income per common share, basic	$	(0.09)	$	0.17	$	(0.15)	$	0.44
Net (loss) income per common share, diluted	$	(0.09)	$	0.17	$	(0.15)	$	0.43