Earnings per Share (Tables)

3 Months Ended

Mar. 31, 2026

Earnings per Share [Abstract]

Computation of Earnings per Share

The following table sets forth the computation of earnings per share.

	Three months ended
	March 31,
	2026		2025
Net income applicable to common stock	$	10,376,000	$	7,621,000
Basic earnings per share computation
Weighted average common shares outstanding		4,798,170		4,797,611
Earnings per share - basic	$	2.16	$	1.59
Diluted earnings per share computation
Weighted average common shares outstanding for basic earnings per share		4,798,170		4,797,611
Add: Dilutive effects of restricted stock		908		1,405
Weighted average common shares outstanding for dilutive earnings per share		4,799,078		4,799,016
Earnings per share - diluted	$	2.16	$	1.59