PER SHARE DATA (Tables)

6 Months Ended

Jun. 30, 2024

PER SHARE DATA

Schedule of basic and diluted earnings per share

(In Thousands, Except Share and Per Share Data)	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2024		2023		2024		2023
Basic
Net income	$	6,113	$	6,043	$	11,419	$	12,296
Less: Dividends and undistributed earnings allocated to participating securities		(47)		(47)		(86)		(99)
Net income attributable to common shares	$	6,066	$	5,996	$	11,333	$	12,197
Basic weighted-average common shares outstanding		15,264,533		15,231,505		15,247,557		15,320,101
Basic earnings per common share (a)	$	0.40	$	0.39	$	0.74	$	0.80
Diluted
Net income attributable to common shares	$	6,066	$	5,996	$	11,333	$	12,197
Basic weighted-average common shares outstanding		15,264,533		15,231,505		15,247,557		15,320,101
Dilutive effect of potential common stock arising from stock options		0		0		0		265
Diluted weighted-average common shares outstanding		15,264,533		15,231,505		15,247,557		15,320,366
Diluted earnings per common share (a)	$	0.40	$	0.39	$	0.74	$	0.80
Weighted-average nonvested restricted shares outstanding		118,605		120,300		115,844		124,343

(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).