XML 37 R26.htm IDEA: XBRL DOCUMENT v3.23.3
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2023
EARNINGS PER SHARE  
Schedule of earnings per common share

    

Three Months Ended September 30, 

2023

    

2022

(In Thousands, Except Per Share Data)

Basic:

Average common shares outstanding

 

11,935

 

12,304

Net income

 

$

15,879

 

$

18,133

Per common share amount

 

$

1.33

 

$

1.47

Diluted:

Average common shares outstanding

11,935

12,304

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

42

99

Diluted common shares

11,977

12,403

Net income

 

$

15,879

 

$

18,133

Per common share amount

 

$

1.33

 

$

1.46

    

Nine Months Ended September 30, 

2023

    

2022

(In Thousands, Except Per Share Data)

Basic:

  

 

  

Average common shares outstanding

12,055

 

12,616

Net income

$

54,655

$

53,344

Per common share amount

$

4.53

$

4.23

Diluted:

 

 

Average common shares outstanding

 

12,055

 

12,616

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

 

49

 

94

Diluted common shares

 

12,104

 

12,710

Net income

$

54,655

$

53,344

Per common share amount

$

4.52

$

4.20