PER SHARE DATA (Tables)

12 Months Ended

Dec. 31, 2022

PER SHARE DATA

Schedule of Basic and Diluted earnings per share

(In Thousands, Except Share and Per Share Data)	Years Ended
	December 31,		December 31,		December 31,
	2022		2021		2020
Basic
Net income	$	26,618	$	30,554	$	19,222
Less: Dividends and undistributed earnings allocated to participating securities		(237)		(241)		(116)
Net income attributable to common shares	$	26,381	$	30,313	$	19,106
Basic weighted-average common shares outstanding		15,455,432		15,765,639		14,743,386
Basic earnings per common share (a)	$	1.71	$	1.92	$	1.30
Diluted
Net income attributable to common shares	$	26,381	$	30,313	$	19,106
Basic weighted-average common shares outstanding		15,455,432		15,765,639		14,743,386
Dilutive effect of potential common stock arising from stock options		3,099		6,316		3,662
Diluted weighted-average common shares outstanding		15,458,531		15,771,955		14,747,048
Diluted earnings per common share (a)	$	1.71	$	1.92	$	1.30
Weighted-average nonvested restricted shares outstanding		138,617		125,539		89,718

(a) Basic and diluted earnings per share under the two-class method are determined on net income reported on the income statement less earnings allocated to nonvested restricted shares with nonforfeitable dividends (participating securities).