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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2021
EARNINGS PER SHARE  
Schedule of Earnings Per Share, Basic and Diluted

    

Three Months Ended September 30, 

2021

    

2020

(In Thousands, Except Per Share Data)

Basic:

Average common shares outstanding

 

13,534

 

14,053

Net income and net income available to common stockholders

 

$

20,364

 

$

13,454

Per common share amount

 

$

1.50

 

$

0.96

Diluted:

Average common shares outstanding

13,534

14,053

Net effect of dilutive stock options – based on the treasury stock method
using average market price

92

32

Diluted common shares

13,626

14,085

Net income and net income available to common stockholders

 

$

20,364

 

$

13,454

Per common share amount

 

$

1.49

 

$

0.96

    

Nine Months Ended September 30, 

2021

    

2020

(In Thousands, Except Per Share Data)

Basic:

  

 

  

Average common shares outstanding

13,652

 

14,119

Net income and net income available to common stockholders

$

59,346

$

41,525

Per common share amount

$

4.35

$

2.94

Diluted:

 

  

 

  

Average common shares outstanding

 

13,652

 

14,119

Net effect of dilutive stock options – based on the treasury stock method
using average market price

 

92

 

46

Diluted common shares

 

13,744

 

14,165

Net income and net income available to common stockholders

$

59,346

$

41,525

Per common share amount

$

4.32

$

2.93