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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes the calculation of earnings per share: 
 Quarter Ended June 30,Six Months Ended June 30,
(in thousands, except share and per share data)2022202120222021
Net income$17,721 $29,157 $37,672 $58,820 
Weighted average shares:
Basic weighted-average number of common shares outstanding
18,706,953 21,057,473 19,143,925 21,345,969 
Dilutive effect of outstanding common stock equivalents 127,490 230,501 166,825 277,329 
Diluted weighted-average number of common shares outstanding18,834,443 21,287,974 19,310,750 21,623,298 
Net income per share:
Basic earnings per share$0.95 $1.38 $1.97 $2.76 
Diluted earnings per share0.94 1.37 1.95 2.72