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Common Stock and Earnings Per Share (Tables)

9 Months Ended

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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- 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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