Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Reconciliation of Earnings Per Share

A reconciliation of the component parts of earnings per share for the three and six months ended June 30, 2023 and 2022 is as follows:

(in thousands, except per share data)	For the three months ended				For the six months ended
	June 30,				June 30,
	2023		2022		2023		2022
Net income	$	16,372	$	17,871	$	34,118	$	34,960
Weighted average common shares		19,024		19,153		19,024		19,185
Stock Options		-		-		1		-
Weighted average common shares including potential dilutive shares		19,024		19,153		19,025		19,185
Basic EPS	$	0.86	$	0.93	$	1.79	$	1.82
Diluted EPS	$	0.86	$	0.93	$	1.79	$	1.82