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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2024
EARNINGS PER SHARE  
Schedule of earnings per common share

    

Three Months Ended September 30, 

2024

    

2023

(In Thousands, Except Per Share Data)

Basic:

Average common shares outstanding

 

11,656

 

11,935

Net income

 

$

16,490

 

$

15,879

Per common share amount

 

$

1.41

 

$

1.33

Diluted:

Average common shares outstanding

11,656

11,935

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

63

42

Diluted common shares

11,719

11,977

Net income

 

$

16,490

 

$

15,879

Per common share amount

 

$

1.41

 

$

1.33

    

Nine Months Ended September 30, 

2024

    

2023

(In Thousands, Except Per Share Data)

Basic:

  

 

  

Average common shares outstanding

11,688

 

12,055

Net income

$

46,885

$

54,655

Per common share amount

$

4.01

$

4.53

Diluted:

 

 

Average common shares outstanding

 

11,688

 

12,055

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

 

58

 

49

Diluted common shares

 

11,746

 

12,104

Net income

$

46,885

$

54,655

Per common share amount

$

3.99

$

4.52