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Earnings Per Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Earnings per share in the table below, for the three and nine month periods ended September 30, 2025 and 2024 are calculated under the two-class method as required by ASC Topic 260, Earnings Per Share (ASC 260). ASC 260 provides that unvested share-based payment awards that contain nonforfeitable rights to dividends are participating securities and shall be included in the computation of earnings per share pursuant to the two-class method. Prior to 2019, the Company issued restricted stock awards that contained such rights and are therefore considered participating securities. Since 2019, the Company has issued restricted stock awards that do not have nonforfeitable rights to dividends and are therefore not considered participating securities. Basic earnings per common share are calculated by dividing net income allocable to common stock by the weighted average number of common shares, excluding participating securities, during the period. Diluted earnings per common share include the dilutive effect of participating securities.
Three Months EndedNine Months Ended
(In thousands, except share and per share data)9/30/20259/30/20249/30/20259/30/2024
Basic
Net income available to common shareholders$23,673 $18,638 $64,823 $51,192 
Less: income attributable to unvested stock-based compensation awards0 0 0 0 
Net earnings allocated to common shareholders23,673 18,638 64,823 51,192 
Weighted average shares outstanding, including unvested stock-based compensation awards14,431,376 14,394,900 14,433,278 14,399,961 
Less: average unvested stock-based compensation awards(182,843)(179,293)(186,267)(185,949)
Weighted average shares outstanding - Basic14,248,533 14,215,607 14,247,011 14,214,012 
Diluted
Net earnings allocated to common shareholders23,673 18,638 64,823 51,192 
Weighted average shares outstanding - Basic14,248,533 14,215,607 14,247,011 14,214,012 
Plus: incremental shares from assumed conversion of stock-based compensation awards96,686 67,648 81,239 39,716 
Weighted average shares outstanding - Diluted14,345,219 14,283,255 14,328,249 14,253,728 
Basic EPS$1.66 $1.31 $4.55 $3.60 
Diluted EPS$1.65 $1.30 $4.52 $3.59 
Stock-based compensation awards representing 134 and 2,157 common shares during the three months ended September 30, 2025 and 2024, respectively, were not included in the computations of diluted earnings per common share because the effect on those periods would have been anti-dilutive.
Stock-based compensation awards representing approximately 8,764 and 47,919 common shares during the nine months ended September 30, 2025 and 2024, respectively were not included in the computations of diluted earnings per common share because the effect on those periods would have been anti-dilutive.