XML 55 R44.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Earnings Per Share (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Earnings Per Share [Abstract] |
Calculation of Basic and Diluted Earnings Per Share | The calculation of basic and diluted EPS for the years ended December 31, 2024, 2023 and 2022 are presented below.
|  | For the Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | (in thousands, except earnings per share amounts) |
Basic EPS: |  |  |  |  |  |  |  |  |
Net income – basic |  | $ | 55,436 |  |  | $ | 62,108 |  |  | $ | 55,602 |
Basic weighted average common shares |  |  | 19,071 |  |  |  | 19,149 |  |  |  | 19,233 |
Basic earnings per share |  | $ | 2.91 |  |  | $ | 3.24 |  |  | $ | 2.89 |
Diluted EPS: |  |  |  |  |  |  |  |  |
Net income – diluted |  | $ | 55,436 |  |  | $ | 62,108 |  |  | $ | 55,602 |
Diluted weighted average common shares: |  |  |  |  |  |  |  |  |
Weighted average common shares |  |  | 19,071 |  |  |  | 19,149 |  |  |  | 19,233 |
Restricted stock and RSUs |  |  | 89 |  |  |  | 77 |  |  |  | 89 |
Diluted weighted average common shares |  |  | 19,160 |  |  |  | 19,226 |  |  |  | 19,322 |
Diluted earnings per common share |  | $ | 2.89 |  |  | $ | 3.23 |  |  | $ | 2.88 |
Reconciliation of Weighted Average Shares used for Basic and Diluted Earnings Per Share Calculation | T he table below sets forth the reconciliation of the weighted average shares used for the basic and diluted EPS calculation.
|  | Years Ended |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Basic weighted average common shares |  |  | 19,070,717 |  |  |  | 19,149,080 |  |  |  | 19,233,241 |
Add: Other common shares eligible for common dividends: |  |  |  |  |  |  |  |  |
Restricted stock and RSUs |  |  | 89,088 |  |  |  | 76,941 |  |  |  | 88,476 |
Diluted weighted average common shares |  |  | 19,159,805 |  |  |  | 19,226,021 |  |  |  | 19,321,717 |

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 Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfWeightedAverageNumberOfSharesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration