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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2022
EARNINGS PER SHARE  
Schedule of reconciliations of the numerators and denominators used to compute basic and diluted earnings

Year Ended December 31, 

    

2022

    

2021

    

2020

(dollars in thousands)

Numerator:

Net income

$

56,456

$

56,271

$

36,845

Earnings allocated to participating securities

(66)

(104)

(93)

Numerator for earnings per share - basic and diluted

$

56,390

$

56,167

$

36,752

Denominator:

Weighted average common shares outstanding

28,853,697

27,795,806

27,457,306

Dilutive effect of outstanding restricted stock units

65,619

15,487

Weighted average common shares outstanding, including all dilutive potential shares

28,919,316

27,811,293

27,457,306

Earnings per share - Basic

$

1.95

$

2.02

$

1.34

Earnings per share - Diluted

$

1.95

$

2.02

$

1.34