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Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Earnings Per Share [Abstract]      
Net income (loss) $ (28,059) $ 48,176 $ 71,681
Less: dividends and undistributed earnings allocated to participating securities 21 (85) (202)
Net income available to common shareholders $ (28,038) $ 48,091 $ 71,479
Weighted average number of shares outstanding for basic EPS (in shares) 17,149,000 17,033,000 17,246,000
Dilutive effect of common stock equivalents (in shares) 0 29,000 135,000
Weighted average number of shares outstanding for diluted EPS (in shares) 17,149,000 17,062,000 17,381,000
Basic EPS (in dollars per share) $ (1.63) $ 2.82 $ 4.14
Diluted EPS (in dollars per share) $ (1.63) $ 2.82 $ 4.11
Antidilutive common stock equivalents [1] 481,000 466,000 150,000
[1] For 2024, the dilutive effect of common stock equivalents was excluded from the calculation of diluted EPS because the Corporation reported a net loss and the inclusion would have an anti-dilutive effect. For 2023 and 2022, weighted average anti-dilutive common stock equivalents represent share-based compensation awards not included in the calculation of common shares outstanding for purposes of calculating diluted EPS as the grant prices were greater than the average market price of Bancorp’s common stock, and therefore were anti-dilutive.