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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHAREBasic earnings per common share is net income divided by the weighted average number of common shares outstanding during the period, which includes shares held in treasury on behalf of participants in the Company’s Directors Fee Deferral Plan, and share repurchases. Diluted earnings per common share includes the dilutive effect of additional potential common shares issuable under stock based awards and warrants, none of which were antidilutive.
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Weighted average shares outstanding for basic earnings per common share25,473,497 25,412,014 25,465,621 25,517,499 
Dilutive effect of stock based awards and warrants128,566 57,666 131,222 77,460 
Weighted average shares outstanding for diluted earnings per common share25,602,063 25,469,680 25,596,843 25,594,959 
Basic earnings per common share$0.96 $0.77 $1.86 $1.45 
Diluted earnings per common share$0.95 $0.77 $1.85 $1.44