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EARNINGS PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted earnings per common share is shown below:
Three months ended March 31,
 20222021
Basic earnings per common share computation:
Net income per condensed consolidated statements of income$14,170 $13,106 
Net earnings allocated to participating securities(63)(45)
Net earnings allocated to common stock$14,107 $13,061 
Distributed earnings allocated to common stock$2,944 $2,859 
Undistributed earnings allocated to common stock11,163 10,202 
Net earnings allocated to common stock$14,107 $13,061 
Weighted average common shares outstanding, including shares considered participating securities16,883 16,855 
Less: Average participating securities(72)(56)
Weighted average shares16,811 16,799 
Basic earnings per common share$0.84 $0.78 
Diluted earnings per common share computation:
Net earnings allocated to common stock$14,107 $13,061 
Weighted average common shares outstanding for basic earnings per common share16,811 16,799 
Add: Dilutive effects of performance based-shares33 0 
Weighted average shares and dilutive potential common shares16,844 16,799 
Diluted earnings per common share$0.84 $0.78