XML 35 R25.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Tables)

9 Months Ended

Sep. 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 September 30,												For the Nine Months Ended September 30,
(In thousands, except share and per share amounts)						2023						2022						2023						2022


Net income						$	6,390					$	6,384					$	19,642					$	19,012
Weighted average shares outstanding						11,742,334						11,678,532						11,723,233						11,723,790
Basic earnings per share						$	0.54					$	0.55					$	1.67					$	1.62


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


Net income						$	6,390					$	6,384					$	19,642					$	19,012
Weighted average shares outstanding						11,742,334						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