XML 33 R22.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Components of Basic and Diluted Net Income per Common Share

The components of basic and diluted net income per common share available to common stockholders for the three and nine months ended September 30, 2021 and 2020 were as follows:

		Three months ended September 30,								Nine months ended September 30,
		2021				2020				2021				2020
Basic net income per common share
Available to common stockholders:
Net income		$	18,326,000			$	11,565,000			$	34,656,000			$	31,701,000
Weighted average common shares outstanding			18,083,126				16,728,191				17,819,619				16,710,485
Basic earnings per common share		$	1.01			$	0.69			$	1.94			$	1.90

Diluted net income per common share
Available to common stockholders:
Net income applicable to diluted earnings per share		$	18,326,000			$	11,565,000			$	34,656,000			$	31,701,000
Weighted average common shares outstanding			18,083,126				16,728,191				17,819,619				16,710,485
Dilutive potential common shares: restricted stock awarded			53,020				46,908				53,020				46,908
Diluted weighted average common shares outstanding			18,136,146				16,775,099				17,872,639				16,757,393
Diluted earnings per common share		$	1.01			$	0.69			$	1.94			$	1.89