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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Computations of Basic and Diluted Earnings Per Share

Years Ended December 31,

2023

2022

(In Thousands, Except Per Share Data)

Numerator, net income

$

16,759

$

29,233

Denominator:

Weighted average shares outstanding

8,105

8,174

Less: Weighted average unvested restricted shares

(43)

(37)

Denominator: Basic earnings per share

8,062

8,137

Weighted average shares outstanding, basic

8,062

8,137

Add: Dilutive effect of stock options and restricted stock

22

40

Denominator: Diluted earnings per share

8,084

8,177

Basic earnings per common share

$

2.08

$

3.59

Diluted earnings per common share

$

2.07

$

3.58