XML 82 R72.htm IDEA: XBRL DOCUMENT v3.22.2.2
EARNINGS PER COMMON SHARE - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Basic earnings per common share computation:        
Net income per condensed consolidated statements of income $ 15,549 $ 13,831 $ 44,082 $ 39,852
Net earnings allocated to participating securities (66) (47) (198) (139)
Net earnings allocated to common stock $ 15,483 $ 13,784 $ 43,884 $ 39,713
Weighted average common shares outstanding, including shares considered participating securities (in shares) 17,324 16,887 17,024 16,875
Less: Average participating securities (in shares) (70) (54) (73) (56)
Weighted average shares (in shares) 17,254 16,833 16,951 16,819
Basic earnings per common share (in dollar per share) $ 0.90 $ 0.82 $ 2.59 $ 2.36
Diluted earnings per common share computation:        
Net earnings allocated to common stock $ 15,483 $ 13,784 $ 43,884 $ 39,713
Weighted average common shares outstanding for basic earnings per common share (in shares) 17,254 16,833 16,951 16,819
Add: Dilutive effects of performance based-shares (in shares) 33 0 33 0
Weighted average shares and dilutive potential common shares (in shares) 17,287 16,833 16,984 16,819
Diluted earnings per common share (in dollar per share) $ 0.90 $ 0.82 $ 2.59 $ 2.36
Distributed earnings allocated to common stock        
Basic earnings per common share computation:        
Net earnings allocated to common stock $ 2,936 $ 2,859 $ 8,815 $ 8,577
Undistributed earnings allocated to common stock        
Basic earnings per common share computation:        
Net earnings allocated to common stock $ 12,547 $ 10,925 $ 35,069 $ 31,136