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Note 9 - EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2025
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE 9 - EARNINGS PER SHARE

The following information was used in the computation of EPS on a basic and diluted basis:

Three months ended

Nine months ended

September 30, 

September 30, 

    

2025

    

2024

    

2025

    

2024

(dollars in thousands, except share data)

Net income

$

36,714

$

27,785

$

91,530

$

83,625

Basic EPS

$

2.17

$

1.65

$

5.41

$

4.97

Diluted EPS

$

2.16

$

1.64

$

5.38

$

4.94

Weighted average common shares outstanding

 

16,919,785

 

16,846,200

 

16,916,371

 

16,814,787

Weighted average common shares issuable upon exercise of stock options and under the employee stock purchase plan

 

95,945

 

136,200

 

95,506

 

123,522

Weighted average common and common equivalent shares outstanding

 

17,015,730

 

16,982,400

 

17,011,877

 

16,938,309