| Schedule of Earnings Per Share |
For
the three months and six months ended June 30, 2025 earnings per common share has been computed based on the following:
Schedule
of Earnings Per Share
| | |
Three Months Ended June 30, 2025 | | |
Six Months Ended June 30, 2025 | |
| | |
| | |
| |
Net income
| |
$ | 3,507 | | |
$ | 6,061 | |
| | |
| | | |
| | |
| Income available to common stockholders | |
$ | 3,507 | | |
$ | 6,061 | |
| | |
| | | |
| | |
| Average number of common shares outstanding used to calculate basic earnings per common share | |
| 2,388,627 | | |
| 2,388,757 | |
| | |
| | | |
| | |
| Effect of dilutive securities: | |
| | | |
| | |
| Stock options | |
| 18,019 | | |
| 18,019 | |
| | |
| | | |
| | |
| Average number of common shares outstanding used to calculate diluted
earnings per common share | |
| 2,406,646 | | |
| 2,406,776 | |
For
the three months and six months ended June 30, 2024 earnings per common share has been computed based on the following:
| | |
Three Months Ended June 30, 2024 | | |
Six Months Ended June 30, 2024 | |
| | |
| | |
| |
Net income
| |
$ | 2,305 | | |
$ | 4,980 | |
| | |
| | | |
| | |
| Income available to common stockholders | |
$ | 2,305 | | |
$ | 4,980 | |
| | |
| | | |
| | |
| Average number of common shares outstanding used to calculate basic earnings per common share | |
| 2,420,861 | | |
| 2,422,323 | |
| | |
| | | |
| | |
| Effect of dilutive securities: | |
| | | |
| | |
| Stock options | |
| 18,019 | | |
| 18,019 | |
| |
| | | |
| | |
| Average number of common shares outstanding used to calculate diluted
earnings per common share | |
| 2,438,880 | | |
| 2,440,343 | |
|