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Computation of Earnings Per Common Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Computation of earnings per common share
Earnings per common share have been computed based on the following for the:
 Three Months Ended 
 September 30
Nine Months Ended 
 September 30
2024202320242023
Average number of common shares outstanding for basic calculation7,454,097 7,495,168 7,475,571 7,517,680 
Average potential effect of common shares in the Directors Plan (1)
— 45,637 — 44,415 
Average potential effect of common shares in the RSP19,087 29,569 16,833 29,569 
Average number of common shares outstanding used to calculate diluted earnings per common share7,473,184 7,570,374 7,492,404 7,591,664 
Net income$3,281 $4,413 $9,893 $14,364 
Earnings per common share
Basic$0.44 $0.59 $1.32 $1.91 
Diluted0.44 0.58 1.32 1.89 
(1) Exclusive of shares held in the Rabbi Trust