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Earnings Per Share
3 Months Ended
Mar. 31, 2022
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, 2022 and 2021:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the three months ended March 31, 2022
Net income as reported$9,705,000 
Basic EPS: Income available to common shareholders9,705,000 10,931,863 $0.89 
Effect of dilutive securities: restricted stock94,844 
Diluted EPS: Income available to common shareholders plus assumed conversions$9,705,000 11,026,707 $0.88 
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