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EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share
The computation of basic and diluted earnings per common share is shown below:
Three Months Ended September 30,Nine Months Ended September 30,
 2023202220232022
Basic earnings per common share computation:
Net income per condensed consolidated statements of income$12,651 $15,549 $40,817 $44,082 
Net earnings allocated to participating securities(70)(66)(222)(198)
Net earnings allocated to common stock$12,581 $15,483 $40,595 $43,884 
Distributed earnings allocated to common stock$3,645 $2,936 $10,969 $8,815 
Undistributed earnings allocated to common stock8,936 12,547 29,626 35,069 
Net earnings allocated to common stock$12,581 $15,483 $40,595 $43,884 
Weighted average common shares outstanding, including shares considered participating securities20,969 17,324 21,048 17,024 
Less: Average participating securities(109)(70)(109)(73)
Weighted average shares20,860 17,254 20,939 16,951 
Basic earnings per common share$0.60 $0.90 $1.94 $2.59 
Diluted earnings per common share computation:
Net earnings allocated to common stock$12,581 $15,483 $40,595 $43,884 
Weighted average common shares outstanding for basic earnings per common share20,860 17,254 20,939 16,951 
Add: Dilutive effect of stock compensation40 34 40 33 
Weighted average shares and dilutive potential common shares20,900 17,288 20,979 16,984 
Diluted earnings per common share$0.60 $0.90 $1.94 $2.59