XML 26 R15.htm IDEA: XBRL DOCUMENT v3.25.1
Earnings Per Share
3 Months Ended
Mar. 31, 2025
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, 2025 and 2024:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the three months ended March 31, 2025
Net income as reported$7,077,000 
Basic EPS: Income available to common shareholders7,077,000 11,074,840 $0.64 
Effect of dilutive securities: restricted stock108,089 
Diluted EPS: Income available to common shareholders plus assumed conversions$7,077,000 11,182,929 $0.63 
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