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CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares
Dec. 31, 2023
Dec. 31, 2022
Statement of Financial Position [Abstract]    
Preferred stock, par or stated value per share (in dollars per share) $ 0.50 $ 0.50
Preferred stock, shares authorized (in shares) 2,000,000 2,000,000
Preferred stock, shares issued (in shares) 0 0
Common stock, par or stated value (in dollars per share) $ 0.50 $ 0.50
Common stock, shares authorized (in shares) 40,000,000 40,000,000
Common stock, shares issued (in shares) 15,505,772 15,505,772
Common stock, shares, outstanding (in shares) 13,582,375 13,669,656
Treasury stock (in shares) 1,923,397 1,836,116