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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
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 ShareFor the Three Months
Ended March 31,
(In thousands, except share and per share amounts)20242023
Net income $3,676 $6,970 
Weighted average shares outstanding11,750,528 11,703,813 
Basic earnings per share$0.31 $0.60 
 
Diluted Earnings Per ShareFor the Three Months
Ended March 31,
(In thousands, except share and per share amounts)20242023
Net income $3,676 $6,970 
Weighted average shares outstanding11,750,528 11,703,813 
Effect of diluted stock options and restricted stock 39,703 27,322 
Weighted average shares of common stock and common stock equivalents
11,790,231 11,731,135 
Diluted earnings per share$0.31 $0.59