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Earnings Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 21 – EARNINGS PER SHARE

The factors used in the earnings per share computation follow:

 

 

2024

 

 

2023

 

 

2022

 

Basic EPS

 

 

 

 

 

 

 

 

 

Net income

 

$

45,949

 

 

$

49,932

 

 

$

60,597

 

Weighted average shares outstanding

 

 

37,327,848

 

 

 

37,384,122

 

 

 

33,844,945

 

Basic earnings per share

 

$

1.23

 

 

$

1.34

 

 

$

1.79

 

Diluted EPS

 

 

 

 

 

 

 

 

 

Net income

 

$

45,949

 

 

$

49,932

 

 

$

60,597

 

Weighted average shares for basic earnings per share

 

 

37,327,848

 

 

 

37,384,122

 

 

 

33,844,945

 

Average unvested restricted stock awards

 

 

184,037

 

 

 

114,147

 

 

 

83,994

 

Weighted average shares for diluted earnings per share

 

 

37,511,885

 

 

 

37,498,269

 

 

 

33,928,939

 

Diluted earnings per share

 

$

1.22

 

 

$

1.33

 

 

$

1.79

 

 

There were 41,884, 194,599 and 201,080 restricted stock awards that were considered anti-dilutive at year-end 2024, 2023 and 2022, respectively.