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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings per Share (EPS)
The following table sets forth the computation of basic and diluted EPS for the three months ended March 31, 2026 and 2025:
Income (Numerator)Shares (Denominator)Per-Share Amount
For the three months ended March 31, 2026
Net income as reported$8,993,000 
Basic EPS: Income available to common shareholders8,993,000 11,110,634 $0.81 
Effect of dilutive securities: restricted stock144,452 
Diluted EPS: Income available to common shareholders plus assumed conversions$8,993,000 11,255,086 $0.80 
For the three months ended March 31, 2025
Net income as reported$7,077,000 
Basic EPS: Income available to common shareholders7,077,000 11,074,840 $0.64 
Effect of dilutive securities: restricted stock108,089 
Diluted EPS: Income available to common shareholders plus assumed conversions$7,077,000 11,182,929 $0.63