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EARNINGS PER COMMON SHARE - Schedule of Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
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
Weighted average common shares outstanding, including shares considered participating securities (in shares) 21,005,000 21,033,000 20,992,000 21,087,000
Less: Average participating securities (in shares) (174,000) (116,000) (165,000) (108,000)
Weighted average shares (in shares) 20,830,511 20,916,861 20,827,139 20,979,373
Basic earnings per common share (in dollar per 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 share (in shares) 20,830,511 20,916,861 20,827,139 20,979,373
Add: Dilutive effects of stock compensation (in shares) 62,000 40,000 63,000 40,000
Weighted average shares and dilutive potential common shares (in shares) 20,893,396 20,956,575 20,890,203 21,019,178
Diluted earnings per common share (in dollar per share) $ 0.56 $ 0.61 $ 1.11 $ 1.33
Distributed earnings allocated to common stock        
Basic earnings per common share computation:        
Net earnings allocated to common stock $ 3,642 $ 3,650 $ 7,288 $ 7,322
Undistributed earnings allocated to common stock        
Basic earnings per common share computation:        
Net earnings allocated to common stock $ 8,139 $ 9,028 $ 15,927 $ 20,690