Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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				Six Months Ended
	June 30,				June 30,
	2023		2022		2023		2022
	(in thousands, except share and per share amounts)
Basic EPS:
Net income	$	15,627	$	6,132	$	32,966	$	23,463
Basic weighted average common shares		19,139,735		19,273,934		19,135,564		19,302,805
Basic earnings per common share	$	0.82	$	0.32	$	1.72	$	1.22
Diluted EPS:
Net income	$	15,627	$	6,132	$	32,966	$	23,463
Diluted weighted average common shares:
Weighted average common shares		19,139,735		19,273,934		19,135,564		19,302,805
Restricted stock and RSUs		57,020		58,234		64,813		64,280
Diluted weighted average common shares		19,196,755		19,332,168		19,200,377		19,367,085
Diluted earnings per common share	$	0.81	$	0.32	$	1.72	$	1.21