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Earnings Per Share
 3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The following table sets forth the computation of basic and diluted EPS for the three months ended March 31, 2024 and 2023:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the three months ended March 31, 2024
Net income as reported$6,021,000 
Basic EPS: Income available to common shareholders6,021,000 11,033,857 $0.55 
Effect of dilutive securities: restricted stock85,964 
Diluted EPS: Income available to common shareholders plus assumed conversions$6,021,000 11,119,821 $0.54 
For the three months ended March 31, 2023
Net income as reported$7,971,000 
Basic EPS: Income available to common shareholders7,971,000 10,948,513 $0.73 
Effect of dilutive securities: restricted stock117,734 
Diluted EPS: Income available to common shareholders plus assumed conversions$7,971,000 11,066,247 $0.72