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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Common Share

The following table presents the computation of basic and diluted EPS:

(In thousands, except per share data)
			2022						2021						2020
Net income			$	54,806					$	29,319					$	26,209
Weighted average shares outstanding (basic)			15,912,877						10,806,009						8,439,427
Effect of dilutive unvested restricted stock grants			21,758						13,570						3,665
Weighted average shares outstanding (diluted)			15,934,635						10,819,579						8,443,092
Basic earnings per common share			$	3.44					$	2.71					$	3.11
Diluted earnings per common share			3.44						2.71						3.10

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- Definition

Tabular disclosure of the effect of income (loss) on basic earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 55
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Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=126958026&loc=d3e1278-109256

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