XML 20 R13.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Earnings Per Share | 3 Months Ended
--- | ---
Mar. 31, 2024
Earnings Per Share [Abstract] |
Earnings Per Share | Note 2 -- Earnings Per Share Basic net income per common share available to common stockholders is calculated as net income less preferred stock dividends divided by the weighted average number of common shares outstanding. Diluted net income per common share available to common stockholders is computed using the weighted average number of common shares outstanding, increased by the Company’s stock options, unless anti-dilutive. The components of basic and diluted net income per common share available to common stockholders for the three months ended March 31, 2024 and 2023 were as follows:
|  | Three months ended |
|  | March 31, |
|  | 2024 |  |  | 2023 |
Basic net income per common share |  |  |  |  |  |
Available to common stockholders: |  |  |  |  |  |
Net income |  | $ | 20,503,000 |  |  | $ | 19,180,000 |
Weighted average common shares outstanding |  |  | 23,872,731 |  |  |  | 20,492,254 |
Basic earnings per common share |  | $ | 0.86 |  |  | $ | 0.94 |
Diluted net income per common share |  |  |  |  |  |
Available to common stockholders: |  |  |  |  |  |
Net income applicable to diluted earnings per share |  | $ | 20,503,000 |  |  | $ | 19,180,000 |
Weighted average common shares outstanding |  |  | 23,872,731 |  |  |  | 20,492,254 |
Dilutive potential common shares: restricted stock awarded |  |  | 87,604 |  |  |  | 71,718 |
Diluted weighted average common shares outstanding |  |  | 23,960,335 |  |  |  | 20,563,972 |
Diluted earnings per common share |  | $ | 0.86 |  |  | $ | 0.93 |
There were no shares excluded when computing diluted earnings per share for the three months ended March 31, 2024 and 2023 because they were anti-dilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration