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Common Stock and Earnings per Share (Tables) | 12 Months Ended
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Dec. 31, 2022
Earnings Per Share [Abstract] |
Schedule of Common Stock Outstanding Roll Forward | The table below shows activity in the outstanding shares of the Company’s common stock during 2022.
| 2022
Shares outstanding at January 1 | 13,734,295 |
Issuance of common stock: |
Employee restricted stock grants | 18,160 |
Employee restricted stock units vested | 2,002 |
Performance-based stock vested | 11,029 |
Employee SARs exercised | 12,668 |
Directors’ stock grants | 22,699 |
Shares repurchased | (130,374) |
Shares forfeited | (823) |
Shares outstanding at December 31 | 13,669,656 |
Schedule of Earnings Per Share, Basic and Diluted | The calculations of basic and diluted earnings per share are as follows:
| December 31,
(In thousands except share and per share data) | 2022 |  | 2021 |  | 2020
Basic: |  |  |  |  |
Net income | $ | 34,904 |  |  | $ | 28,604 |  |  | $ | 25,176 |
Weighted average common shares outstanding | 13,552,503 |  |  | 14,091,773 |  |  | 14,364,406 |
Basic earnings per share | $ | 2.58 |  |  | $ | 2.03 |  |  | $ | 1.75 |
Diluted: |  |  |  |  |
Net income | $ | 34,904 |  |  | $ | 28,604 |  |  | $ | 25,176 |
Weighted average common shares outstanding | 13,552,503 |  |  | 14,091,773 |  |  | 14,364,406 |
Effect of dilutive restricted stock, performance based restricted stock (“PBRS”), and SARs | 255,526 |  |  | 238,103 |  |  | 202,541 |
Weighted average common shares outstanding assuming dilution | 13,808,029 |  |  | 14,329,876 |  |  | 14,566,947 |
Diluted earnings per share | $ | 2.53 |  |  | $ | 2.00 |  |  | $ | 1.73 |

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- Definition Tabular disclosure of the change in common stock outstanding. + References No definition available. + Details
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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 -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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