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Earnings Per Share
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 21 – EARNINGS PER SHARE

The factors used in the earnings per share computation follow:

 

 

2023

 

 

2022

 

 

2021

 

Basic EPS

 

 

 

 

 

 

 

 

 

Net income

 

$

49,932

 

 

$

60,597

 

 

$

51,844

 

Weighted average shares outstanding

 

 

37,384,122

 

 

 

33,844,945

 

 

 

29,167,357

 

Basic earnings per share

 

$

1.34

 

 

$

1.79

 

 

$

1.78

 

Diluted EPS

 

 

 

 

 

 

 

 

 

Net income

 

$

49,932

 

 

$

60,597

 

 

$

51,844

 

Weighted average shares for basic earnings per share

 

 

37,384,122

 

 

 

33,844,945

 

 

 

29,167,357

 

Average unvested restricted stock awards

 

 

114,147

 

 

 

83,994

 

 

 

112,430

 

Weighted average shares for diluted earnings per share

 

 

37,498,269

 

 

 

33,928,939

 

 

 

29,279,787

 

Diluted earnings per share

 

$

1.33

 

 

$

1.79

 

 

$

1.77

 

 

There were 194,599, 201,080 and 55,128 restricted stock awards that were considered anti-dilutive at year-end 2023, 2022 and 2021, respectively.