Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Summary of Basic and Diluted Earnings Per Share

The following is a summary of the basic and diluted earnings per share calculation for the three and six month periods ended June 30, 2022 and 2021 (in thousands except share and per share data):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2022		2021		2022		2021
Basic net income per share calculation:
Numerator – Net income	$	9,972	$	12,076	$	20,645	$	23,106
Denominator – Average common shares outstanding		22,022,109		22,133,759		22,109,737		22,089,874
Basic net income per share	$	0.45	$	0.55	$	0.93	$	1.05
Diluted net income per share calculation:
Numerator – Net income	$	9,972	$	12,076	$	20,645	$	23,106
Denominator – Average common shares outstanding		22,022,109		22,133,759		22,109,737		22,089,874
Dilutive shares contingently issuable		52,151		65,070		54,217		48,178
Average diluted common shares outstanding		22,074,260		22,198,829		22,163,954		22,138,052
Diluted net income per share	$	0.45	$	0.54	$	0.93	$	1.04