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Earnings Per Common Share (Tables)

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Common Share

The computations of basic and diluted earnings per common share for the Company were as follows:

			Years Ended December 31,
(in thousands, except share amounts)			2023						2022						2021
Numerator:
Net income - basic			$	34,879					$	36,916					$	32,952
Net income - diluted			$	34,879					$	36,916					$	32,952
Denominator:
Weighted average shares outstanding - basic			7,164,314						7,180,975						7,281,136
Plus: Effect of Director Compensation Program			741						1,655						923
Plus: Effect of restricted stock			16,673						14,823						17,661
Weighted average shares outstanding - diluted			7,181,728						7,197,453						7,299,720
Earnings per common share:
Basic			$	4.87					$	5.14					$	4.53
Diluted			$	4.86					$	5.13					$	4.51

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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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