| Earnings per Share Earnings per common share is computed by dividing net income by the weighted-average number of common shares outstanding. A reconciliation of the numerators and denominators of the basic and diluted earnings per common share computations for the three months ended March 31, 2026 and 2025, are as follows: | | | | | | | | | | | | | | | | | | | Three months ended March 31, | | | | (dollars in thousands except per share data) | 2026 | | 2025 | | | | | | Basic earnings per common share: | | | | | | | | | Net income as reported | $ | 2,242 | | | $ | 455 | | | | | | | Weighted average common shares outstanding—basic | 4,276,530 | | 4,266,976 | | | | | | Basic earnings per common share | $ | 0.52 | | | $ | 0.11 | | | | | | | | | | | | | | | Diluted earnings per common share: | | | | | | | | | Net income as reported | $ | 2,242 | | | $ | 455 | | | | | | | Weighted average common shares outstanding | 4,276,530 | | 4,266,976 | | | | | | Add: Dilutive effect of unvested restricted stock awards | 25,676 | | 17,520 | | | | | | Weighted average common shares outstanding—diluted | 4,302,206 | | 4,284,496 | | | | | | Diluted earnings per common share | $ | 0.52 | | | $ | 0.11 | | | | | |
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