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EARNINGS PER SHARE | 6 Months Ended
--- | ---
Jun. 30, 2025
EARNINGS PER SHARE |
EARNINGS PER SHARE | NOTE 4: EARNINGS PER SHARE ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended June 30,
​ | ​ | 2025 |  | 2024
​ |  | (In Thousands, Except Per Share Data)
Basic: | ​ | ​ | ​ | ​ | ​ | ​
Average common shares outstanding | ​ |  | 11,464 | ​ |  | 11,642
Net income |  | $ | 19,786 |  | $ | 16,988
Per common share amount |  | $ | 1.73 |  | $ | 1.46
​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted: | ​ | ​ | ​ | ​ | ​ | ​
Average common shares outstanding | ​ | ​ | 11,464 | ​ | ​ | 11,642
Net effect of dilutive stock options – based on the treasury stock method using average market price | ​ | ​ | 53 | ​ | ​ | 59
Diluted common shares | ​ | ​ | 11,517 | ​ | ​ | 11,701
Net income |  | $ | 19,786 |  | $ | 16,988
Per common share amount |  | $ | 1.72 |  | $ | 1.45
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Six Months Ended June 30,
​ | ​ | 2025 |  | 2024
​ |  | (In Thousands, Except Per Share Data)
Basic: | ​ | ​ |  |  | ​ |
Average common shares outstanding | ​ | ​ | 11,551 |  | ​ | 11,704
Net income | ​ | $ | 36,946 | ​ | $ | 30,395
Per common share amount | ​ | $ | 3.20 | ​ | $ | 2.60
​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted: | ​ |  | ​ | ​ |  | ​
Average common shares outstanding | ​ |  | 11,551 | ​ |  | 11,704
Net effect of dilutive stock options – based on the treasury stock method using average market price | ​ |  | 53 | ​ |  | 59
Diluted common shares | ​ |  | 11,604 | ​ |  | 11,763
Net income | ​ | $ | 36,946 | ​ | $ | 30,395
Per common share amount | ​ | $ | 3.18 | ​ | $ | 2.58
​ Options outstanding at June 30, 2025 and 2024, to purchase 835,549 and 741,708 shares of common stock, respectively, were not included in the computation of diluted earnings per common share for each of the three- and six-month periods then ended because the exercise prices of such options were greater than the average market price of the common stock for the three- and six-months ended June 30, 2025 and 2024, respectively.

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