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Earnings per Share ("EPS") (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings per share data

 

 

Three months ended

 

 

Nine months ended

 

 

 

 

September 30,

 

 

September 30,

 

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

 

 

 

(Dollars in thousands, except per share data)

 

 

 Net income allocated to common stock

 

$

1,133

 

 

$

1,341

 

 

$

2,545

 

 

$

3,667

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Weighted-average common shares outstanding used to calculate basic earnings per common share

 

 

8,240,602

 

 

 

8,486,577

 

 

 

8,268,550

 

 

 

8,485,936

 

 

 Add: Dilutive effect of restricted stock awards

 

 

103,134

 

 

 

 

 

 

85,620

 

 

 

 

 

 Weighted-average common shares outstanding used to calculate diluted earnings per common share

 

 

8,343,736

 

 

 

8,486,577

 

 

 

8,354,170

 

 

 

8,485,936

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Earnings per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 Basic

 

$

0.14

 

 

$

0.16

 

 

$

0.31

 

 

$

0.43

 

 

 Diluted

 

$

0.14

 

 

$

0.16

 

 

$

0.30

 

 

$

0.43