PER SHARE DATA (Tables)

3 Months Ended

Mar. 31, 2023

PER SHARE DATA

Schedule of Basic and Diluted earnings per share

(In Thousands, Except Share and Per Share Data)	Three Months Ended
	March 31,		March 31,
	2023		2022
Basic
Net income	$	6,253	$	6,895
Less: Dividends and undistributed earnings allocated to participating securities		(52)		(60)
Net income attributable to common shares	$	6,201	$	6,835
Basic weighted-average common shares outstanding		15,409,680		15,645,474
Basic earnings per common share (a)	$	0.40	$	0.44
Diluted
Net income attributable to common shares	$	6,201	$	6,835
Basic weighted-average common shares outstanding		15,409,680		15,645,474
Dilutive effect of potential common stock arising from stock options		937		3,701
Diluted weighted-average common shares outstanding		15,410,617		15,649,175
Diluted earnings per common share (a)	$	0.40	$	0.44
Weighted-average nonvested restricted shares outstanding		128,435		138,141

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