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Earnings Per Share | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share The following table sets forth the reconciliation from basic to diluted average common shares and the calculations of net income per common share. Net income for basic and diluted calculations do not differ.
| Three Months Ended March 31, |  |
(In thousands, except per share) | 2025 |  | 2024 |  |  |  |
Net Income | $ | 31,800 |  |  | $ | 32,120 |  |  |  |  |
Average Common Shares: |  |  |  |  |  |  |
Basic (weighted-average outstanding shares) | 11,990 |  |  | 11,944 |  |  |  |  |
Dilutive potential common shares from stock options | 58 |  |  | 76 |  |  |  |  |
Diluted (weighted-average outstanding shares) | 12,048 |  |  | 12,020 |  |  |  |  |
Basic earnings per share | $ | 2.65 |  |  | $ | 2.69 |  |  |  |  |
Diluted earnings per share | $ | 2.64 |  |  | $ | 2.67 |  |  |  |  |

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