For
the three months ended March 31, 2026 and 2025 earnings per common share have been computed based on the following:
Schedule
of Earnings Per Share
| | |
2026 | | |
2025 | |
| | |
| | |
| |
| Net income | |
$ | 4,472 | | |
$ | 2,554 | |
| | |
| | | |
| | |
| Income available to common stockholders | |
$ | 4,472 | | |
$ | 2,554 | |
| | |
| | | |
| | |
| Average number of common shares outstanding used to calculate basic earnings per common share | |
| 2,375,992 | | |
| 2,388,888 | |
| | |
| | | |
| | |
| Effect of dilutive securities: | |
| | | |
| | |
| Stock options | |
| 32,233 | | |
| 18,638 | |
| Effect
of dilutive securities | |
| 32,233 | | |
| 18,638 | |
| | |
| | | |
| | |
| Average number of common shares outstanding used to calculate diluted
earnings per common share | |
| 2,408,225 | | |
| 2,407,526 | |
|