| Schedule of earnings per common share |
Three Months Ended September 30, | | 2026 | | | 2025 | | | | | | | | | Net income, as reported | | $ | 5,090,615 | | | $ | 4,746,787 | | Less: dividends to preferred shareholders | | | 0 | | | | 28,125 | | Net income available to common shareholders | | $ | 5,090,615 | | | $ | 4,718,662 | | Weighted average number of common shares | | | | | | | | | used in calculating earnings per share | | | 5,604,048 | | | | 5,607,086 | | Earnings per common share | | $ | 0.91 | | | $ | 0.84 | |
Nine Months Ended September 30, | | 2026 | | | 2025 | | | | | | | | | Net income, as reported | | $ | 14,147,501 | | | $ | 12,332,018 | | Less: dividends to preferred shareholders | | | 0 | | | | 84,375 | | Net income available to common shareholders | | $ | 14,147,501 | | | $ | 12,247,643 | | Weighted average number of common shares | | | | | | | | | used in calculating earnings per share | | | 5,595,042 | | | | 5,608,353 | | Earnings per common share | | $ | 2.53 | | | $ | 2.18 | |
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