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Earnings Per Common Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Common Share EARNINGS PER COMMON SHARE (In Thousands, Except Per Share Amounts)
The following table presents a reconciliation of the numerator and denominator used in the calculation of basic and diluted earnings per common share (EPS) for periods ended June 30, 2024 and 2023.
Earnings Per Share
Three Months Ended
Six Months Ended
June 30, 2024June 30, 2023June 30, 2024June 30, 2023
Earnings Per Share - Basic:
Net Income$8,604 $6,047 $16,264 $14,609 
Weighted Average Shares - Basic 1
16,685 17,050 16,764 17,050 
Earnings Per Share - Basic 1
$0.52 $0.35 $0.97 $0.85 
Earnings Per Share - Diluted:
Net Income$8,604 $6,047 $16,264 $14,609 
Weighted Average Shares - Basic 1
16,685 17,050 16,764 17,050 
Dilutive Average Shares Attributable to Stock Options 1
24 — 25 — 
Weighted Average Shares - Diluted 1
16,709 17,050 16,78917,050 
Earnings Per Share - Diluted 1
$0.52 $0.35 $0.97 $0.85 
1When applicable, share and per share amounts have been adjusted for the September 26, 2023, 3% stock dividend.