Note 12 - Earnings Per Common Share

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

(12) Earnings per Common Share

The following table reconciles the weighted average shares outstanding and the earnings available to common stockholders used for basic and diluted earnings per common share:

	Three Months Ended
	March 31,		March 31,
(Dollars in thousands, except per share data)	2024		2023
Weighted average number of common shares outstanding used in basic earnings per common share calculation		4,343,720		4,338,922
Net dilutive effect of:
Restricted stock awards and options		26,324		29,112
Weighted average number of shares outstanding adjusted for effect of dilutive securities		4,370,044		4,368,034
Income available to common stockholders	$	1,318		1,634
Basic earnings per common share	$	0.30		0.38
Diluted earnings per common share	$	0.30		0.37