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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

A reconciliation of the numerators and denominators of the basic and diluted EPS computations is as follows:


Basic Earnings Per Share						For the Three Months Ended June 30,												For the Six Months Ended June 30,
(In thousands, except share and per share amounts)						2023						2022						2023						2022


Net income						$	6,282					$	6,542					$	13,252					$	12,628
Weighted average shares outstanding						11,723,127						11,665,074						11,713,524						11,746,795
Basic earnings per share						$	0.54					$	0.56					$	1.13					$	1.08


Diluted Earnings Per Share						For the Three Months Ended June 30,												For the Six Months Ended June 30,
(In thousands, except share and per share amounts)						2023						2022						2023						2022


Net income						$	6,282					$	6,542					$	13,252					$	12,628
Weighted average shares outstanding						11,723,127						11,665,074						11,713,524						11,746,795
Effect of diluted stock options and restricted stock						17,263						20,776						24,513						31,332
Weighted average shares of common stock and common stock equivalents						11,740,390						11,685,850						11,738,037						11,778,127
Diluted earnings per share						$	0.54					$	0.56					$	1.13					$	1.07