| Note 3 – Earnings Per Common Share (EPS) The following is a summary of the earnings per share calculation for the three and nine months ended September 30, 2026 and 2025 (dollars in thousands, except per share data): | | | | | | | | | Three Months Ended | | Nine Months Ended | | September 30, | | September 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | Net income | $ 3,321 | | $ 2,752 | | $ 9,335 | | $ 6,299 | | | | | | | | | 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 | $ 0.73 | | $ 0.61 | | $ 2.05 | | $ 1.39 |
There were no potentially dilutive common shares outstanding for the three and nine months ended September 30, 2026 and 2025. Accordingly, basic and diluted earnings per common share were the same for each period.
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