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Common Stock and Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2024
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 2024.
2024
Shares outstanding at January 1 13,582,375 
Issuance of common stock:
Employee restricted stock grants 11,167 
Employee restricted stock units vested 16,484 
Performance-based stock vested40,213 
Directors’ stock grants22,030 
Shares repurchased (167,455)
Shares forfeited (710)
Shares outstanding at December 31
13,504,104 
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)202420232022
Basic:
Net income $19,168 $30,059 $34,904 
Weighted average common shares outstanding 13,501,930 13,530,005 13,552,503 
Basic earnings per share $1.42 $2.22 $2.58 
Diluted:
Net income $19,168 $30,059 $34,904 
Weighted average common shares outstanding 13,501,930 13,530,005 13,552,503 
Effect of dilutive restricted stock, performance based restricted stock
 (“PBRS”), and SARs
275,641 286,011 255,526 
Weighted average common shares outstanding assuming dilution 13,777,571 13,816,016 13,808,029 
Diluted earnings per share $1.39 $2.18 $2.53