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Common Stock and Earnings Per Share (Tables) | 9 Months Ended
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Sep. 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 September 30, |  | Nine Months Ended September 30,
(In thousands, except per share data) | 2024 |  | 2023 |  | 2024 |  | 2023
Net income | $ | 12,301 |  |  | $ | 9,236 |  |  | $ | 36,205 |  |  | $ | 25,299 |
Weighted average common shares outstanding (basic) | 16,612,657 |  | 16,571,825 |  | 16,585,719 |  | 16,233,006
Effect of dilutive unvested restricted stock grants | 44,512 |  | 23,174 |  | 39,840 |  | 31,716
Weighted average common shares outstanding (diluted) | 16,657,169 |  | 16,594,999 |  | 16,625,559 |  | 16,264,722
Basic earnings per common share | $ | 0.74 |  |  | $ | 0.56 |  |  | $ | 2.18 |  |  | $ | 1.56 |
Diluted earnings per common share | 0.74 |  |  | 0.56 |  |  | 2.18 |  |  | 1.56 |

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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 + Details
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