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Earnings Per Share
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the computation of basic and diluted EPS for the nine months ended September 30, 2023 and 2022:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the nine months ended September 30, 2023
Net income as reported$22,839,000 
Basic EPS: Income available to common shareholders22,839,000 10,993,406 $2.08 
Effect of dilutive securities: restricted stock84,089 
Diluted EPS: Income available to common shareholders plus assumed conversions$22,839,000 11,077,495 $2.06 
For the nine months ended September 30, 2022
Net income as reported$29,793,000 
Basic EPS: Income available to common shareholders29,793,000 10,927,920 $2.73 
Effect of dilutive securities: restricted stock98,651 
Diluted EPS: Income available to common shareholders plus assumed conversions$29,793,000 11,026,571 $2.70 
The following table sets forth the computation of basic and diluted EPS for the quarters ended September 30, 2023 and 2022:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the quarter ended September 30, 2023
Net income as reported$7,474,000 
Basic EPS: Income available to common shareholders7,474,000 11,003,987 $0.68 
Effect of dilutive securities: restricted stock83,146 
Diluted EPS: Income available to common shareholders plus assumed conversions$7,474,000 11,087,133 $0.67 
For the quarter ended September 30, 2022
Net income as reported$10,091,000 
Basic EPS: Income available to common shareholders10,091,000 10,934,492 $0.92 
Effect of dilutive securities: restricted stock100,899 
Diluted EPS: Income available to common shareholders plus assumed conversions$10,091,000 11,035,391 $0.91