Earnings Per Common Share (Tables)

9 Months Ended

Sep. 30, 2025

Earnings Per Share [Abstract]

Schedule of Earnings Per Common Share

The following table summarizes the calculation of earnings per share for the periods indicated (in thousands, except per share data):

	Three Months Ended				Nine Months Ended
	2025		2024		2025		2024
Net income	$	1,695	$	1,154	$	4,914	$	2,719
LESS: Participating dividends - Unvested Restricted Stock Awards (“RSAs”)	(2)		(3)		(5)		(10)
LESS: Income allocated to participating securities - Unvested RSAs	(4)		(4)		(14)		(8)
Net income available to common stockholders - basic	1,689		1,146		4,895		2,701
ADD BACK: Income allocated to participating securities - Unvested RSAs	4		4		14		8
LESS: Income reallocated to participating securities - Unvested RSAs	(4)		(4)		(14)		(8)
Net income available to common stockholders - diluted	$	1,689	$	1,146	$	4,895	$	2,701
Weighted average number of shares outstanding, basic	2,556,562		2,544,233		2,555,799		2,541,331
Effect of potentially dilutive common shares	19,013		25,135		21,588		20,611
Weighted average number of shares outstanding, diluted	2,575,575		2,569,368		2,577,387		2,561,942
Earnings per share, basic	$	0.66	$	0.45	$	1.92	$	1.06
Earnings per share, diluted	$	0.66	$	0.45	$	1.90	$	1.05