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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2024
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 June 30,Six Months Ended June 30,
 2024202320242023
Basic earnings per common share computation:
Net income per condensed consolidated statements of income$11,882 $12,752 $23,407 $28,166 
Net earnings allocated to participating securities(101)(74)(192)(154)
Net earnings allocated to common stock$11,781 $12,678 $23,215 $28,012 
Distributed earnings allocated to common stock$3,642 $3,650 $7,288 $7,322 
Undistributed earnings allocated to common stock8,139 9,028 15,927 20,690 
Net earnings allocated to common stock$11,781 $12,678 $23,215 $28,012 
Weighted average common shares outstanding, including shares considered participating securities21,005 21,033 20,992 21,087 
Less: Average participating securities(174)(116)(165)(108)
Weighted average shares20,831 20,917 20,827 20,979 
Basic earnings per common share$0.57 $0.61 $1.12 $1.34 
Diluted earnings per common share computation:
Net earnings allocated to common stock$11,781 $12,678 $23,215 $28,012 
Weighted average common shares outstanding for basic earnings per common share20,831 20,917 20,827 20,979 
Add: Dilutive effect of stock compensation62 40 63 40 
Weighted average shares and dilutive potential common shares20,893 20,957 20,890 21,019 
Diluted earnings per common share$0.56 $0.61 $1.11 $1.33