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Earnings Per Share
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 21 – EARNINGS PER SHARE

The factors used in the earnings per share computation follow:

 

 

 

2021

 

 

2020

 

 

2019

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

51,844

 

 

$

41,876

 

 

$

35,760

 

Weighted average shares outstanding

 

 

29,167,357

 

 

 

28,266,509

 

 

 

27,734,994

 

Basic earnings per share

 

$

1.78

 

 

$

1.48

 

 

$

1.29

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

51,844

 

 

$

41,876

 

 

$

35,760

 

Weighted average shares for basic earnings per share

 

 

29,167,357

 

 

 

28,266,509

 

 

 

27,734,994

 

Average unvested restricted stock awards

 

 

112,430

 

 

 

127,487

 

 

 

140,990

 

Weighted average shares for diluted earnings per share

 

 

29,279,787

 

 

 

28,393,996

 

 

 

27,875,984

 

Diluted earnings per share

 

$

1.77

 

 

$

1.47

 

 

$

1.28

 

 

There were 55,128, 67,074 and 21,000 restricted stock awards that were considered anti-dilutive at year-end 2021, 2020 and 2019, respectively.