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Earnings Per Share
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
 
Basic earnings per share (EPS), which excludes dilution, is computed by dividing income available to common shareholders by the weighted-average number of common shares outstanding for the period.  Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock, such as stock options or restricted stock awards, result in the issuance of common stock which shares in the earnings of the Company. 

A reconciliation of the numerators and denominators of the basic and diluted EPS computations is as follows:
Basic Earnings Per ShareFor the Three Months
Ended September 30,		For the Nine Months
Ended September 30,
(In thousands, except share and per share amounts)2023202220232022
Net income $6,390 $6,384 $19,642 $19,012 
Weighted average shares outstanding11,742,334 11,678,532 11,723,233 11,723,790 
Basic earnings per share$0.54 $0.55 $1.67 $1.62 
 
Diluted Earnings Per ShareFor the Three Months
Ended September 30,		For the Nine Months
Ended September 30,
(In thousands, except share and per share amounts)2023202220232022
Net income $6,390 $6,384 $19,642 $19,012 
Weighted average shares outstanding11,742,334 11,678,532 11,723,233 11,723,790 
Effect of diluted stock options and restricted stock 13,424 10,791 22,373 24,903 
Weighted average shares of common stock and common stock equivalents
11,755,758 11,689,323 11,745,606 11,748,693 
Diluted earnings per share$0.54 $0.55 $1.67 $1.62 

No options awards were anti-dilutive for the nine months ended September 30, 2022. There were no outstanding options at September 30, 2023. The two-class method for the calculation of earnings per share was applicable for the periods presented, but not materially significant.