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Earnings Per Share
6 Months Ended
Jun. 30, 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 six months ended June 30, 2022 and 2021:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the six months ended June 30, 2022
Net income as reported$19,702,000 
Basic EPS: Income available to common shareholders19,702,000 10,924,579 $1.80 
Effect of dilutive securities: restricted stock97,508 
Diluted EPS: Income available to common shareholders plus assumed conversions$19,702,000 11,022,087 $1.79 
For the six months ended June 30, 2021
Net income as reported$17,709,000 
Basic EPS: Income available to common shareholders17,709,000 10,895,112 $1.63 
Effect of dilutive securities: restricted stock85,179 
Diluted EPS: Income available to common shareholders plus assumed conversions$17,709,000 10,980,291 $1.61 
The following table sets forth the computation of basic and diluted earnings per share (EPS) for the quarters ended June 30, 2022 and 2021:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the quarter ended June 30, 2022
Net income as reported$9,997,000 
Basic EPS: Income available to common shareholders9,997,000 10,927,887 $0.91 
Effect of dilutive securities: restricted stock100,142 
Diluted EPS: Income available to common shareholders plus assumed conversions$9,997,000 11,028,029 $0.91 
For the quarter ended June 30, 2021
Net income as reported$8,787,000 
Basic EPS: Income available to common shareholders8,787,000 10,902,013 $0.81 
Effect of dilutive securities: restricted stock84,685 
Diluted EPS: Income available to common shareholders plus assumed conversions$8,787,000 10,986,698 $0.80