XML 90 R80.htm IDEA: XBRL DOCUMENT v3.23.1
EARNINGS PER COMMON SHARE - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Basic earnings per common share computation:    
Net income per condensed consolidated statements of income $ 15,414 $ 14,170
Net earnings allocated to participating securities (78) (63)
Net earnings allocated to common stock $ 15,336 $ 14,107
Weighted average common shares outstanding, including shares considered participating securities (in shares) 21,143,000 16,883,000
Less: Average participating securities (in shares) (100,000) (72,000)
Weighted average shares (in shares) 21,042,579 16,810,725
Basic earnings per common share (in dollar per share) $ 0.73 $ 0.84
Diluted earnings per common share computation:    
Net earnings allocated to common stock $ 15,336 $ 14,107
Weighted average common shares outstanding for basic earnings per common share (in shares) 21,042,579 16,810,725
Add: Dilutive effects of stock compensation (in shares) 35,000 33,000
Weighted average shares and dilutive potential common shares (in shares) 21,077,531 16,844,106
Diluted earnings per common share (in dollar per share) $ 0.73 $ 0.84
Distributed earnings allocated to common stock    
Basic earnings per common share computation:    
Net earnings allocated to common stock $ 3,673 $ 2,944
Undistributed earnings allocated to common stock    
Basic earnings per common share computation:    
Net earnings allocated to common stock $ 11,663 $ 11,163