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Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share

Basic earnings per share (EPS) are computed on the basis of the weighted average number of shares outstanding during the period presented. Diluted EPS assumes the conversion of the Convertible Preferred Stock $7.00 Series.

 

   (In Thousands Except per Share Amounts)
   Three Months Ended June 30,
   2025  2024
Basic:   Income  Shares  Income  Shares
Net Income  $10,778    17,962   $10,546    17,829 
Preferred Dividend   (19)        (30)     
Earnings Applicable to Common Stock  $10,759    17,962   $10,516    17,829 
                     
Basic EPS  $0.60        $0.59      
                     
Diluted:                    
Earnings Applicable to Common Stock  $10,759    17,962   $10,516    17,829 
$7.00 Series Preferred Dividend   7    31    17    115 
Adjusted Earnings Applicable to Common Stock  $10,766    17,993   $10,533    17,944 
                     
Diluted EPS  $0.60        $0.59      

 

   (In Thousands Except per Share Amounts)
   Six Months Ended June 30,
   2025  2024
Basic:   Income  Shares  Income  Shares
Net Income  $20,258    17,926   $21,228    17,824 
Preferred Dividend   (41)        (60)     
Earnings Applicable to Common Stock  $20,217    17,926   $21,168    17,824 
                     
Basic EPS  $1.13        $1.19      
                     
Diluted:                    
Earnings Applicable to Common Stock  $20,217    17,926   $21,168    17,824 
$7.00 Series Preferred Dividend   18    31    34    115 
Adjusted Earnings Applicable to  Common Stock  $20,235    17,957   $21,202    17,939 
                     
Diluted EPS  $1.13        $1.18