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Note 10 - Earnings Per Share
3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 10: Earnings Per Share

 

The factors used in the earnings per share computation for the periods indicated are presented below:

 

  

For the Three Months Ended March 31,

 
  

2024

  

2023

 
  

Net Income

(Numerator)

  

Common Shares1

(Denominator)

  

Per

Share

  

Net Income

(Numerator)

  

Common

Shares1

(Denominator)

  

Per

Share

 

Basic earnings per common share

 $2,174   5,889,687  $0.37  $4,531   5,889,687  $0.77 

Dilutive shares for restricted stock awards:

      1,964           -     

Diluted earnings per common share

 $2,174   5,891,651  $0.37  $4,531   5,889,687  $0.77 

 

 

(1)

Weighted average outstanding

 

RSA grants are disregarded in the computation of diluted earnings per share if they are determined to be anti-dilutive. There were no anti-dilutive RSAs for the three month periods ended March 31, 2024 and March 31, 2023.