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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2022
EARNINGS PER SHARE  
Schedule of earnings per share

    

Three Months Ended September 30, 

2022

    

2021

(In Thousands, Except Per Share Data)

Basic:

Average common shares outstanding

 

12,304

 

13,534

Net income

 

$

18,133

 

$

20,364

Per common share amount

 

$

1.47

 

$

1.50

Diluted:

Average common shares outstanding

12,304

13,534

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

99

92

Diluted common shares

12,403

13,626

Net income

 

$

18,133

 

$

20,364

Per common share amount

 

$

1.46

 

$

1.49

    

Nine Months Ended September 30, 

2022

    

2021

(In Thousands, Except Per Share Data)

Basic:

  

 

  

Average common shares outstanding

12,616

 

13,652

Net income

$

53,344

$

59,346

Per common share amount

$

4.23

$

4.35

Diluted:

 

 

Average common shares outstanding

 

12,616

 

13,652

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

 

94

 

92

Diluted common shares

 

12,710

 

13,744

Net income

$

53,344

$

59,346

Per common share amount

$

4.20

$

4.32