12. Earnings Per Share The following table presents earnings per share for the three and six months ended June 30, 2026 and 2025 (dollars in thousands, except share data): | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | | | | | | | | | | | | | | | Net income ($) | | | 5,704 | | | | 5,810 | | | | 9,728 | | | | 10,126 | | | Weighted average shares outstanding - basic | | | 5,704,369 | | | | 5,670,021 | | | | 5,698,974 | | | | 5,663,060 | | | Diluted effect of share-based compensation | | | 1,647 | | | | 3,013 | | | | 1,441 | | | | 3,263 | | | Weighted average shares outstanding - diluted | | | 5,706,016 | | | | 5,673,034 | | | | 5,700,415 | | | | 5,666,323 | | | | | | | | | | | | | | | | | | | | | Per share information: | | | | | | | | | | | | | | | | | | Basic earnings per share ($) | | | 1.00 | | | | 1.02 | | | | 1.71 | | | | 1.79 | | | Diluted earnings per share ($) | | | 1.00 | | | | 1.02 | | | | 1.71 | | | | 1.79 | |
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