Year Ended

December 31,

2023

2022

2021

Earnings per share

Net income

$

22,787

$

32,515

$

23,495

Less: distributed earnings allocated to
   participating securities

(128

)

(97

)

(70

)

Less: undistributed earnings allocated to
   participating securities

(120

)

(187

)

(121

)

Net earnings available to common
   shareholders

$

22,539

$

32,231

$

23,304

Weighted average common shares outstanding
   including participating securities

13,641,336

13,206,713

11,664,852

Less: average unvested restricted shares

(148,433

)

(115,291

)

(94,634

)

Weighted average common shares outstanding

13,492,903

13,091,422

11,570,218

Basic and diluted earnings per share

$

1.67

$

2.46

$

2.01