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Earnings Per Share (Tables)
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings per Share (EPS)
The following table sets forth the computation of basic and diluted EPS for the nine months ended September 30, 2025 and 2024:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the nine months ended September 30, 2025
Net income as reported$24,222,000 
Basic EPS: Income available to common shareholders24,222,000 11,084,737 $2.19 
Effect of dilutive securities: restricted stock115,088 
Diluted EPS: Income available to common shareholders plus assumed conversions$24,222,000 11,199,825 $2.16 
For the nine months ended September 30, 2024
Net income as reported$19,763,000 
Basic EPS: Income available to common shareholders19,763,000 11,046,986 $1.79 
Effect of dilutive securities: restricted stock87,102 
Diluted EPS: Income available to common shareholders plus assumed conversions$19,763,000 11,134,088 $1.78 
The following table sets forth the computation of basic and diluted EPS for the quarters ended September 30, 2025 and 2024:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the quarter ended September 30, 2025
Net income as reported$9,082,000 
Basic EPS: Income available to common shareholders9,082,000 11,093,631 $0.82 
Effect of dilutive securities: restricted stock118,304 
Diluted EPS: Income available to common shareholders plus assumed conversions$9,082,000 11,211,935 $0.81 
For the quarter ended September 30, 2024
Net income as reported$7,571,000 
Basic EPS: Income available to common shareholders7,571,000 11,057,872 $0.69 
Effect of dilutive securities: restricted stock87,259 
Diluted EPS: Income available to common shareholders plus assumed conversions$7,571,000 11,145,131 $0.68