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Note 18 - Earnings Per Share

12 Months Ended

Dec. 31, 2024

Earnings per Share

Earnings per Share

Note 18. Earnings per Share

The following information was used in the computation of basic and diluted EPS for the years ended December 31, 2024, 2023 and 2022:

​

​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​
​	​	2024			2023			2022
​	​	(dollars in thousands, except per share data)
​	​	​	​	​	​	​	​	​	​
Net income	​	$	113,850	​	$	113,558	​	$	99,066
​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​
Basic EPS	​	$	6.77	​	$	6.79	​	$	5.94
Diluted EPS	​	$	6.71	​	$	6.73	​	$	5.87
​	​	​	​	​	​	​	​	​	​
Weighted average common shares outstanding	​		16,829,004	​		16,732,406	​		16,681,844
Weighted average common shares issuable upon exercise of stock options	​	​	​	​	​	​	​	​	​
and under the employee stock purchase plan*	​		130,849	​		133,985	​		208,163
Weighted average common and common equivalent shares outstanding	​		16,959,853	​		16,866,391	​		16,890,007
​	​	​	​	​	​	​	​	​	​

​

                *  Excludes anti-dilutive restricted stock shares of 0, 1,762, and 1,706 at December 31, 2024, 2023 and 2022, respectively and anti-dilutive options

of 0, 47,164 and 22,503 at December 31, 2024, 2023 and 2022, respectively.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-1

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/260/tableOfContent

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-2

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482662/260-10-50-3

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