(In Thousands, Except Share and Per Share Data)

Three Months Ended

March 31,

2024

2023

Basic

Net income

$

5,306

$

6,253

Less: Dividends and undistributed earnings allocated to participating securities

(39)

(52)

Net income attributable to common shares

$

5,267

$

6,201

Basic weighted-average common shares outstanding

15,230,580

15,409,680

Basic earnings per common share (a)

$

0.35

$

0.40

Diluted

Net income attributable to common shares

$

5,267

$

6,201

Basic weighted-average common shares outstanding

15,230,580

15,409,680

Dilutive effect of potential common stock arising from stock options

937

Diluted weighted-average common shares outstanding

15,230,580

15,410,617

Diluted earnings per common share (a)

$

0.35

$

0.40

Weighted-average nonvested restricted shares outstanding

113,084

128,435