XML 21 R11.htm IDEA: XBRL DOCUMENT
v3.24.3

Earnings Per Common Share | 9 Months Ended
--- | ---
Sep. 30, 2024
Earnings Per Share [Abstract] |
Earnings Per Common Share | Note 2 - Earnings Per Common Share Basic earnings per share is calculated by dividing net income by the weighted-average shares of common stock outstanding during the period, excluding non-vested restricted shares. Dilutive earnings per share is calculated by dividing net income by the weighted-average shares of common stock outstanding during the period plus the maximum dilutive effect on common stock issuable upon exercise of stock options or vesting of restricted stock units. Stock options and unvested restricted stock units are considered common stock equivalents and are only included in the calculation of dilutive earnings per common share if the effect is dilutive. The following reconciles the numerator and denominator of the basic and diluted earnings per common share computation: Schedule of Earning Per Common Share
|  | Nine months |  |  | Three months |
|  | Ended September 30, |  |  | Ended September 30, |
(In thousands except average market price and per share data) |  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Numerator (Net income available to common shareholders) |  | $ | 9,723 |  |  | $ | 8,546 |  |  | $ | 3,861 |  |  | $ | 1,756 |
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding for: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic shares |  |  | 7,613 |  |  |  | 7,564 |  |  |  | 7,623 |  |  |  | 7,573 |
Dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred compensation |  |  | 82 |  |  |  | 85 |  |  |  | 99 |  |  |  | 82 |
Diluted common shares outstanding |  |  | 7,695 |  |  |  | 7,649 |  |  |  | 7,722 |  |  |  | 7,655 |
Earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 1.28 |  |  | $ | 1.13 |  |  | $ | 0.51 |  |  | $ | 0.23 |
Diluted |  |  | 1.26 |  |  |  | 1.12 |  |  |  | 0.50 |  |  |  | 0.23 |
The average market price used in calculating assumed number of shares |  | $ | 18.40 |  |  | $ | 18.83 |  |  | $ | 20.69 |  |  | $ | 17.80 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration