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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
Basic 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 September 30,Nine Months Ended September 30,
2024202320242023
Weighted average shares outstanding for basic earnings per common share25,684,407 25,613,456 25,673,275 25,601,493 
Dilutive effect of stock based awards83,332 80,079 81,082 108,348 
Weighted average shares outstanding for diluted earnings per common share25,767,739 25,693,535 25,754,357 25,709,841 
Basic earnings per common share$0.91 $0.99 $2.70 $2.51 
Diluted earnings per common share$0.91 $0.98 $2.69 $2.49