v3.26.1
Earnings Per Common Share (EPS)
6 Months Ended
Jun. 30, 2026
Earnings Per Common Share (EPS) [Abstract]  
Earnings Per Common Share (EPS) Note 3 – Earnings Per Common Share (EPS)

The following is a summary of the earnings per share calculation for the three and six months ended June 30, 2026 and 2025 (dollars in thousands, except per share data):

Three Months Ended

Six Months Ended

June 30,

June 30,

2026

2025

2026

2025

Net income

$         3,240 

$         2,704 

$         6,014 

$         3,546 

Weighted average number of shares outstanding - basic and diluted

4,543,338 

4,543,338 

4,543,338 

4,543,338 

Earnings per common share - basic and diluted

$           0.71 

$           0.60 

$           1.32 

$           0.78 

There were no potentially dilutive common shares outstanding for the three and six months ended June 30, 2026 and 2025. Accordingly, basic and diluted earnings per common share were the same for each period.