Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

Basic earnings per share (EPS) are computed on the basis of the weighted average number of shares outstanding during the period presented. Diluted EPS assumes the conversion of the Convertible Preferred Stock $7.00 Series.

		(In Thousands Except per Share Amounts)
		Three Months Ended March 31,
		2025								2024
Basic:		Income				Shares				Income				Shares
Net Income		$	9,479				17,890			$	10,682				17,819
Preferred Dividend			(22	)							(30	)
Earnings Applicable to Common Stock		$	9,457				17,890			$	10,652				17,819

Basic EPS		$	0.53							$	0.60

Diluted:
Earnings Applicable to Common Stock		$	9,457				17,890			$	10,652				17,819
$7.00 Series Preferred Dividend			10				61				17				115
Adjusted Earnings Applicable to Common Stock		$	9,467				17,951			$	10,669				17,934

Diluted EPS		$	0.53							$	0.59