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Common Stock and Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2024

Common Stock, Number of Shares, Par Value and Other Disclosure [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following data shows the amounts used in computing basic and diluted earnings per common share:

			Three Months Ended June 30,												Six Months Ended June 30,
(In thousands, except per share data)			2024						2023						2024						2023
Net income			$	11,771					$	4,836					$	23,904					$	16,063
Weighted average common shares outstanding (basic)			16,576,283						16,233,473						16,572,102						16,060,789
Effect of dilutive unvested restricted stock grants			29,070						21,805						36,761						35,481
Weighted average common shares outstanding (diluted)			16,605,353						16,255,278						16,608,863						16,096,270
Basic earnings per common share			$	0.71					$	0.29					$	1.44					$	1.00
Diluted earnings per common share			0.71						0.29						1.44						1.00

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- References

No definition available.

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- 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

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