Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Earnings Per Common Share

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Note 8 - Earnings Per Common Share
3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 8 - EARNINGS PER COMMON SHARE

 

A reconciliation of the numerators and denominators of basic and diluted earnings per common share for the three month periods ended March 31, 2024 and 2023 are as follows (dollars in thousands, except per share data):

 

   

Three Months

   

Three Months

 
   

Ended

   

Ended

 
   

March 31,

   

March 31,

 
   

2024

   

2023

 

Net income

  $ 9,793     $ 12,004  
                 

Weighted average shares outstanding, including participating stock awards - Basic

  $ 34,361,562     $ 34,297,221  
                 

Weighted average shares outstanding - Diluted

    34,361,562       34,297,221  
                 

Basis and diluted earnings per common share

  $ 0.29     $ 0.35