v3.26.1
EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 3 EARNINGS PER SHARE

 

Basic earnings per share computations are based on the weighted average number of shares outstanding during each period. Diluted earnings per share reflect the additional common shares that would have been outstanding if dilutive potential common shares had been issued. For the three- and six-month periods ended June 30, 2026 and 2025, there were no potential common shares. Basic and diluted net income per common share calculations follow:

 

                    

(Dollars in thousands, except per share data) 

  For the three months 
ended June 30,
   For the six months
ended June 30,
 
   2026   2025   2026   2025 
Net income  $3,451   $2,532   $6,513   $4,440 
Weighted average shares outstanding   23,549,269    23,607,372    23,556,113    23,616,941 
Weighted average dilutive shares outstanding   23,549,269    23,607,372    23,556,113    23,616,941 
                     
Basic and diluted earnings per share  $0.15   $0.11   $0.28   $0.19