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Earnings Per Share
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
 
The following table sets forth the reconciliation from basic to diluted average common shares and the calculations of net income per common share. Net income for basic and diluted calculations does not differ.
(in thousands, except per share amounts)202220212020
Net income$101,928 $80,245 $57,804 
Average common shares:   
Basic (weighted-average outstanding shares)11,877 11,837 11,782 
Dilutive potential common shares from stock options57 59 63 
 
Diluted (weighted-average outstanding shares)
11,934 11,896 11,845 
Basic earnings per share$8.58 $6.78 $4.91 
Diluted earnings per share$8.54 $6.75 $4.88 
 
Stock options totaling 25,610 shares in 2022, 15,586 shares in 2021, and 9,864 shares in 2020 were not included in the diluted earnings per share calculation because the effect would have been anti-dilutive.