Earnings Per Share (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2023 and 2022 is as follows:

(in thousands, except per share data)	For the three months ended				For the nine months ended
	September 30,				September 30,
	2023		2022		2023		2022
Net income	$	14,680	$	19,364	$	48,798	$	54,324
Weighted average common shares		19,024		19,111		19,024		19,159
Stock Options		-		1		-		1
Weighted average common shares including potential dilutive shares		19,024		19,112		19,024		19,160
Basic EPS	$	0.77	$	1.01	$	2.57	$	2.84
Diluted EPS	$	0.77	$	1.01	$	2.57	$	2.84