Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

The diluted EPS calculation includes potential common shares assumed issued under the treasury stock method, which reflects the potential dilution that would occur if any restricted stock or RSUs become vested.

	Three Months Ended
	March 31,
	2023		2022
	(in thousands, except share and per share amounts)
Basic EPS:
Net income	$	17,339	$	17,331
Basic weighted average common shares		19,131,356		19,332,006
Basic earnings per common share	$	0.91	$	0.90
Diluted EPS:
Net income	$	17,339	$	17,331
Diluted weighted average common shares:
Weighted average common shares		19,131,356		19,332,006
Restricted stock and RSUs		104,055		98,818
Diluted weighted average common shares		19,235,411		19,430,824
Diluted earnings per common share	$	0.90	$	0.89