| Schedule of Earnings Per Share |
For
the three months and nine months ended September 30, 2026 earnings per common share have been computed based on the following:
Schedule
of Earnings Per Share
| | |
Three
Months
Ended
September
30,
2026 | | |
Nine
Months
Ended
September
30,
2026 | |
| | |
| | |
| |
| Net
income | |
$ | 3,353 | | |
$ | 11,942 | |
| | |
| | | |
| | |
| Income
available to common stockholders | |
$ | 3,353 | | |
$ | 11,942 | |
| |
| | | |
| | |
| Average number of common
shares outstanding used to calculate basic
earnings per common share | |
| 2,409,223 | | |
| 2,388,895 | |
| | |
| | | |
| | |
| Effect of dilutive securities: | |
| | | |
| | |
| Stock
options | |
| 73,105 | | |
| 73,105 | |
| | |
| | | |
| | |
| Average number of common
shares outstanding used
to calculate diluted earnings per common share | |
| 2,482,328 | | |
| 2,462,000 | |
For
the three months and nine months ended September 30, 2025 earnings per common share has been computed based on the following:
| | |
Three
Months Ended September
30, 2025 | | |
Nine
Months Ended September
30, 2025 | |
| | |
| | |
| |
| Net
income | |
$ | 3,712 | | |
$ | 9,773 | |
| | |
| | | |
| | |
| Income
available to common stockholders | |
$ | 3,712 | | |
$ | 9,773 | |
| | |
| | | |
| | |
| Average number of common
shares outstanding used to calculate basic earnings per common share | |
| 2,383,316 | | |
| 2,386,923 | |
| | |
| | | |
| | |
| Effect of dilutive securities: | |
| | | |
| | |
| Stock
options | |
| 26,132 | | |
| 26,132 | |
| | |
| | | |
| | |
Average
number of common shares outstanding used to calculate diluted earnings per common share
| |
| 2,409,448 | | |
| 2,413,055 | |
|