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Earnings Per Share
 3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (EPS) for the three months ended March 31, 2021 and 2020:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the three months ended March 31, 2021
Net income as reported$8,922,000 
Basic EPS: Income available to common shareholders8,922,000 10,888,133 $0.82 
Effect of dilutive securities: restricted stock85,679 
Diluted EPS: Income available to common shareholders plus assumed conversions$8,922,000 10,973,812 $0.81 
For the three months ended March 31, 2020
Net income as reported$6,495,000 
Basic EPS: Income available to common shareholders6,495,000 10,844,600 $0.60 
Effect of dilutive securities: restricted stock69,753 
Diluted EPS: Income available to common shareholders plus assumed conversions$6,495,000 10,914,353 $0.60