Calculation of Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
(in thousands, except shares and per share data)
Calculation of Basic Earnings Per Share:
Net Income	$	16,133	$	17,051	$	52,477	$	53,985
Weighted average shares outstanding	17,794,320		17,730,833		17,777,203		17,704,592
Basic Earnings Per Share	$	0.91	$	0.96	$	2.95	$	3.05
Calculation of Diluted Earnings Per Share:
Net Income	$	16,133	$	17,051	$	52,477	$	53,985
Reconciliation of Denominator:
Weighted shares outstanding—Basic	17,794,320		17,730,833		17,777,203		17,704,592
Effect of dilutive securities—Share-based compensation	57,704		79,038		64,751		81,037
Adjusted denominator—Diluted	17,852,024		17,809,871		17,841,954		17,785,629
Diluted Earnings Per Share	$	0.90	$	0.96	$	2.94	$	3.04